
ECB President Christine Lagarde said the central bank will monitor euro appreciation very carefully because a stronger euro pushes down prices and inflation in the bloc. She added that the ECB does not target the exchange rate.
The euro had reached 2.5-year highs against the dollar at $1.2177.
A firmer euro lowers euro-zone import prices and can signal future policy easing, which weighs on the currency's direction against the dollar. For feed buyers, a stronger euro makes EU-priced feed inputs cheaper and tends to support dollar-priced commodities.
Setelah 129 peristiwa makro netral sebelumnya, Euro (USD per EUR) bergerak median -0,1% selama 5 sesi (45% lebih tinggi; separuh tengah -0,5% sampai +0,5%), dan +0,1% 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.