The euro rose to $1.148, its strongest level since June 17, after second-quarter eurozone GDP grew 0.4%, double forecasts, and German and Spanish inflation firmed. Markets raised bets on a second ECB rate hike, possibly in September, while renewed US airstrikes on Iran lifted oil prices.
A firmer euro and higher ECB rate expectations weaken the dollar, which tends to support dollar-priced commodities like grains and soybean meal. Higher oil prices also raise energy and fertilizer costs for feed producers.
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.
Eurozone Q2 GDP doubling forecasts and firmer inflation lifted ECB hike bets, pushing EUR/USD to its strongest since mid-June on the move date.