Laden…
The dollar fell against a basket of major currencies on Wednesday after the Federal Reserve cut its policy rate by a quarter point to 1.50%-1.75%, its third cut this year. The Fed also dropped its 'will act as appropriate' language, which had been read as a signal of further cuts.
The dollar index rose to 98.00 as Powell spoke, then retraced to about 97.53.
A softer dollar tends to support dollar-denominated grain and oilseed prices and can improve export competitiveness for US feed ingredients. The removal of easing language reduces expectations of further cuts, which limits the currency's downside.
reuters.comKaren Brettell30 okt 2019Na 1.637 eerdere neerwaarts macro-gebeurtenissen bewoog Amerikaanse dollar (breed) zich mediaan -0,2% over 5 sessies (39% hoger; middelste helft -0,6% tot +0,3%), en -0,2% 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.
