
EUR/USD hit two-week lows in Asian trade after markets pushed back ECB rate-hike expectations to the end of 2020. German factory orders posted their biggest drop since 2012, and the Ifo index turned negative for the first time since 2014.
The deposit rate is expected to stay below zero until mid-2021.
Delayed ECB tightening and a weak German economy support a weaker euro against the dollar. That shifts the cost of dollar-priced commodity imports for European feed buyers.
Setelah 533 peristiwa makro bearish sebelumnya, Euro (USD per EUR) bergerak median -0,3% selama 5 sesi (33% lebih tinggi; separuh tengah -1,2% sampai +0,2%), dan -0,5% 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.