
Several banks, including Barclays, ING and Nomura, have raised forecasts for euro-dollar parity after the US election. This reverses a recent trend in which many had been lifting their outlook for the common currency.
Expectations of a weaker euro and stronger dollar shift currency flows that affect the relative competitiveness of US and European feed ingredients and import costs.
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.
Banks raised parity forecasts, which reflects and likely reinforced bearish euro sentiment and positioning.