
The euro rallied to a more than two-month high near 1.11 against the dollar following news of a 750 billion euro EU recovery fund. Euro-area new virus cases were easing while US cases remained elevated, and US unemployment claims reached about 40 million since the crisis began.
A downward revision to US Q1 GDP and weak durable goods orders also weighed on the dollar.
A weaker dollar and firmer euro typically support dollar-priced commodities and make US exports more competitive in euro terms. The divergence in recovery paths between the US and Europe is a key driver for near-term currency moves.
Setelah 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.
Setelah 388 peristiwa makro bullish sebelumnya, Euro (USD per EUR) bergerak median +0,3% selama 5 sesi (62% lebih tinggi; separuh tengah -0,4% sampai +1,1%), 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.