
EUR/USD finished the week up nearly 4% as October CPI undershot forecasts and University of Michigan inflation expectations rose. The dollar extended its losses to four consecutive weeks on hopes that the Fed would slow tightening.
Germany's double-digit inflation provided some support to the euro.
Expectations of a slower Fed cycle and a weaker dollar support dollar-priced commodities, though rising U.S. inflation expectations limit the upside. Feed buyers face a mixed outlook for imported ingredient costs.
Na 47 eerdere neerwaarts rapport-gebeurtenissen bewoog Amerikaanse dollar (breed) zich mediaan -0,2% over 5 sessies (34% hoger; middelste helft -0,8% tot +0,2%), en -0,7% over 20.
Na 20 eerdere opwaarts rapport-gebeurtenissen bewoog Euro (USD per EUR) zich mediaan +0,7% over 5 sessies (70% hoger; middelste helft -0,0% tot +1,6%), en +1,1% 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.
Weekly recap confirms EUR/USD gained nearly 4% as the CPI undershoot fueled hopes of slower Fed tightening and the dollar's losing streak extended, with high German inflation giving the euro modest support.
EUR/USD rose nearly 4% on the week, the flip side of the dollar's decline, as Fed tightening hopes grew.