
The euro fell as much as 1.75% to its lowest level since late 2002 while the dollar index rose 1.6% at one point, the dollar's biggest one-day gain since March 2020. Safe-haven demand and a 17% jump in European and British natural gas prices drove the moves.
Rising European gas costs raise recession and inflation risk for the euro zone, pressuring the euro and supporting the dollar, which can affect dollar-denominated feed commodity prices and import costs for European buyers.
Setelah 533 peristiwa makro bearish sebelumnya, Euro (USD per EUR) bergerak median -0,3% selama 5 sesi (33% lebih tinggi; separuh tengah -1,2% sampai +0,2%), dan -0,5% selama 20 sesi.
Setelah 2.356 peristiwa makro bullish sebelumnya, Dolar AS (Luas) bergerak median +0,2% selama 5 sesi (60% lebih tinggi; separuh tengah -0,3% sampai +0,7%), dan +0,4% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
Euro hit a two-decade low on 2022-07-05 as recession fears, safe-haven dollar demand and a 17% jump in European gas prices drove the sharp one-day decline.