
The euro reached its highest level in over two years against the dollar on August 25 after ECB President Draghi did not criticise its strength in his Jackson Hole speech. He instead said the global recovery was firming.
The dollar index fell to a one-year low after Fed Chair Yellen also avoided comment on US policy.
A weaker dollar tends to support dollar-denominated grain and oilseed prices, while a stronger euro reduces the competitiveness of euro-area exports. The move is a modest price factor for feed markets.
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.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% 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.