
The U.S. dollar moved to its highest level since May 2020 on March 4, 2022, as investors sought safety amid Eastern European tensions. February nonfarm payrolls rose 678,000 against 390,000 expected, while the euro fell below $1.10 and was down more than 2.5% on the week.
Flight-to-quality demand and a strong jobs report reinforce dollar strength, which can pressure dollar-priced grain and meal exports. Rising Fed hike expectations also raise the cost of carrying feed inventories.
Setelah 89 peristiwa geopolitik bullish sebelumnya, Dolar AS (Luas) bergerak median +0,5% selama 5 sesi (74% lebih tinggi; separuh tengah -0,0% sampai +1,0%), dan +0,3% selama 20 sesi.
Setelah 36 peristiwa geopolitik bearish sebelumnya, Euro (USD per EUR) bergerak median -1,0% selama 5 sesi (22% lebih tinggi; separuh tengah -1,8% sampai -0,3%), dan -0,7% 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.
Flight to quality and strong February payrolls (678k vs 390k expected) lifted the dollar to its highest since May 2020 on March 4.