
The euro fell as much as half a cent to below $1.17 on August 16 after sources said ECB President Draghi would not use his Jackson Hole appearance to signal a policy change. The euro had gained about 11.5% against the dollar that year, mainly on bets that the ECB would unwind stimulus.
Expectations of no near-term ECB policy shift reduce support for the euro and can strengthen the dollar. This is a minor factor for dollar-priced feed commodity values.
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.