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The dollar extended its fall on July 31, heading for its biggest monthly drop in a decade. The euro touched $1.19, its strongest since May 2018.
The move followed a 32.9% annualised contraction in US second-quarter GDP and President Trump's remark about possibly delaying the November election.
Dollar weakness tends to lift dollar-denominated commodity prices, which supports the cost of imported feed ingredients for buyers outside the US.
brecorder.comReuters31 Jul 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.
