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The Bloomberg Dollar Index was on course for a 2.7% monthly drop in November and had fallen 12% from its March peak. Strategists expected further weakness as China's economic rebound and vaccine rollouts supported peers such as the euro, Aussie and Canadian dollar.
A sustained dollar decline tends to support dollar-priced grain and oilseed prices, and it lowers import costs for buyers using weaker currencies.
moneyweb.co.zaRuth Carson, Bloomberg30 Nov 2020Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% 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.
