
The ECB raised its main interest rates by 25 basis points on September 14, its 10th consecutive hike, taking the deposit rate to a record 4%. It raised its 2023 inflation forecast to 5.6% and signaled that further hikes may not be needed.
Higher euro-zone rates and a hawkish-to-pause signal shift currency flows, which affects the euro and dollar and therefore the relative pricing of dollar-denominated feed commodities.
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.
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.