
The US dollar fell to its lowest level in more than a year after June inflation data showed core CPI rising 0.2% month on month, below expectations. Annual core CPI slowed to 4.8%, under the expected 5% and the smallest annual increase in over two years.
Cooling US inflation lowers expectations for further Fed tightening, which weakens the dollar. A weaker dollar typically supports dollar-denominated grain and oilseed prices and improves export competitiveness.
Na 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.
Softer-than-expected June core CPI released July 12 drove the dollar to a 1+ year low, directly explaining the -0.92% one-day drop ending that date.