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Analysts say the ECB's decision to end QE did not lift the euro, and its cautious rate guidance points to continued dovish policy. Officials such as Ireland's Philip Lane have said it is too early to discuss future rate hikes.
Higher oil prices and trade-war fears are cited as factors keeping rates low.
Persistent euro weakness supports a stronger dollar, which can lower dollar-denominated feed commodity prices and make US exports less competitive.
ig.comChris BeauchampJun 19, 2018After 533 past bearish macro events, EURUSD moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
