
The euro fell below $1.10 for the first time in almost two years and hit a seven-year low against the Swiss franc. Russian forces seized Europe's largest nuclear power plant after a building at the complex caught fire.
Analysts said the war and surging energy prices would weigh on European consumption and growth.
Higher European energy costs and weaker growth expectations pressure the euro, which lifts the dollar and makes US-priced feed inputs cheaper for euro-based buyers while raising the cost of imported energy-linked inputs.
Na 36 eerdere neerwaarts geopolitiek-gebeurtenissen bewoog Euro (USD per EUR) zich mediaan -1,0% over 5 sessies (22% hoger; middelste helft -1,8% tot -0,3%), en -0,7% over 20.
Na 89 eerdere opwaarts geopolitiek-gebeurtenissen bewoog Amerikaanse dollar (breed) zich mediaan +0,5% over 5 sessies (74% hoger; middelste helft -0,0% tot +1,0%), en +0,3% 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.
Euro broke below $1.10 on 2022-03-04 as the war and surging energy prices were expected to hurt European growth and consumption, a sentiment and currency driver within the window.
Euro dropped below $1.10 on March 4 amid war and energy-price fears; euro is the largest component of the broad dollar index, so its weakness lifted the dollar.