
MUFG Bank noted that EUR/USD broke above 1.1000 for the first time since late March and is on course for a fifth straight day of gains. It said the advance is built on firmer foundations and that the pair could test the top of its 1.0800 to 1.1200 range.
MUFG expects the ECB to expand its PEPP by 500 billion euros.
A firmer euro against the dollar tends to support dollar-priced commodities, while looser ECB policy could limit further euro gains. Feed buyers should track the currency trend as a secondary driver of import costs.
Na 388 eerdere opwaarts macro-gebeurtenissen bewoog Euro (USD per EUR) zich mediaan +0,3% over 5 sessies (62% hoger; middelste helft -0,4% tot +1,1%), en +0,1% over 20.
Bewegingen van de benchmark van elke grondstof sinds de laatste slotkoers vóór de gebeurtenis. Historische waarden bundelen eerdere gebeurtenissen van hetzelfde soort; ze beschrijven wat er gebeurde, niet wat zal gebeuren. Geen beleggingsadvies.