
The euro fell against the dollar after German producer prices unexpectedly dropped 0.4 percent month on month, the sharpest decline since March 2016. German PPI growth also slowed on an annual basis.
Markets were watching the ECB ahead of its next meeting.
Weaker German price and output data signal softer euro-area demand and a weaker euro, which can lift dollar-priced commodities. The impact on feed prices is limited.
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.