Laden…
The dollar index fell about 4% in a single week, one of the largest weekly drops in its history. The decline reflected a short squeeze after dollar ownership had been crowded, combined with softer U.S. core CPI and Chinese support measures.
Analysts see the correction possibly extending to around 105 from 106.90.
A sharp dollar decline lowers the local-currency cost of U.S. feed commodities for importers and can lift dollar-denominated prices, though the move may be partly positioning-driven and reverse.
think.ing.comChris Turner, Frantisek Taborsky, Francesco Pesole14 nov 2022Na 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.
Describes the roughly 4% weekly dollar index drop as a short squeeze plus soft CPI and China support, directly characterizing the move.
