
The dollar held gains against most currencies on 13 March as investors sought liquid assets amid the coronavirus panic. A blowout in swap spreads showed a shortage of dollars, and the Fed provided $1.5 trillion in short-term liquidity.
Italy effectively locked down the entire country.
Rising dollar demand and the Fed's liquidity response push the dollar higher against other currencies, which can weigh on dollar-priced commodities and raise import costs for non-US feed buyers.
Após 2.356 eventos altista de macro passados, Dólar americano (amplo) subiu em mediana +0,2% em 5 sessões (60% de alta; metade central de -0,3% a +0,7%), e +0,4% em 20.
Após 533 eventos baixista de macro passados, Euro (USD por EUR) subiu em mediana -0,3% em 5 sessões (33% de alta; metade central de -1,2% a +0,2%), e -0,5% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
On 13 March the dollar kept gaining as a swap-spread blowout showed a dollar shortage and investors sought liquid assets, which added to the pressure on the euro within the window.
On 13 March the dollar kept its gains as a dollar shortage showed up in blown-out swap spreads, which began the dollar-funding squeeze that weighed on the euro in the days before 17 March.