
An ECB study finds the central bank's bond-buying program lowered the euro-dollar exchange rate by about 12 percent, more than half of the euro's depreciation between September 2014 and end-2016. The program is set to exceed 2.6 trillion euros by year-end and its effect persists for a long time.
A weaker euro makes US dollar-priced feed ingredients more expensive for euro-zone buyers and can shift US export competitiveness, a modest but relevant currency driver for grain and meal prices.
Setelah 129 peristiwa makro netral sebelumnya, Euro (USD per EUR) bergerak median -0,1% selama 5 sesi (45% lebih tinggi; separuh tengah -0,5% sampai +0,5%), 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.