EUR/USD continued to rally after the Fed and ECB decisions, reaching a monthly high near 1.1009. The ECB plans to reduce its Pandemic Emergency Purchase Program by EUR7.5 billion per month on average in the second half of 2024.
A steady euro rally and Fed signals that its policy rate is near peak tilt currency flows against the dollar, which can affect the dollar cost of imported feed ingredients and US export competitiveness.
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.
Describes the EUR/USD rally to a monthly high near 1.1009 following the Fed and ECB decisions, confirming the move.
EUR/USD continued rallying to a monthly high after the Fed and ECB decisions, reflecting the dollar's decline.