
Breakingviews reported that the euro's slide during the Ukraine conflict is intensifying pressure on ECB President Christine Lagarde. The euro zone is more exposed than other regions to the fallout from the invasion and sanctions, given its trade and energy ties to Russia.
The weaker currency is expected to make imports more expensive and worsen high inflation.
A weaker euro raises the cost of dollar-priced feed imports for European buyers, and inflation-driven policy uncertainty adds to currency volatility affecting feed commodity purchasing.
Na 533 eerdere neerwaarts macro-gebeurtenissen bewoog Euro (USD per EUR) zich mediaan -0,3% over 5 sessies (33% hoger; middelste helft -1,2% tot +0,2%), en -0,5% 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.
Europe's greater exposure to energy and trade fallout from sanctions was weighing on the euro and complicating ECB policy, a sentiment and fundamental channel.