
ING analyst Chris Turner argues EUR/USD is near its 2018 lows due to broad dollar strength, while the euro trade-weighted index is not as weak. He says eurozone growth has disappointed and the euro may need to fall further before it looks cheap.
Continued euro weakness would keep dollar-based commodity prices attractive to European buyers, supporting U.S. export demand while raising costs for euro-based importers.
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.