
MUFG Bank noted that EUR/USD broke above 1.1000 for the first time since late March and is on course for a fifth straight day of gains. It said the advance is built on firmer foundations and that the pair could test the top of its 1.0800 to 1.1200 range.
MUFG expects the ECB to expand its PEPP by 500 billion euros.
A firmer euro against the dollar tends to support dollar-priced commodities, while looser ECB policy could limit further euro gains. Feed buyers should track the currency trend as a secondary driver of import costs.
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.