
The euro fell below $1.10 for the first time in almost two years and hit a seven-year low against the Swiss franc. Russian forces seized Europe's largest nuclear power plant after a building at the complex caught fire.
Analysts said the war and surging energy prices would weigh on European consumption and growth.
Higher European energy costs and weaker growth expectations pressure the euro, which lifts the dollar and makes US-priced feed inputs cheaper for euro-based buyers while raising the cost of imported energy-linked inputs.
Setelah 36 peristiwa geopolitik bearish sebelumnya, Euro (USD per EUR) bergerak median -1,0% selama 5 sesi (22% lebih tinggi; separuh tengah -1,8% sampai -0,3%), dan -0,7% selama 20 sesi.
Setelah 89 peristiwa geopolitik bullish sebelumnya, Dolar AS (Luas) bergerak median +0,5% selama 5 sesi (74% lebih tinggi; separuh tengah -0,0% sampai +1,0%), dan +0,3% 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.
Euro broke below $1.10 on 2022-03-04 as the war and surging energy prices were expected to hurt European growth and consumption, a sentiment and currency driver within the window.
Euro dropped below $1.10 on March 4 amid war and energy-price fears; euro is the largest component of the broad dollar index, so its weakness lifted the dollar.