The euro rose against the dollar on 2 March 2020 despite accelerating coronavirus spread in Europe, marking a seventh consecutive weekly-type rally in EUR/USD. The move was attributed to the unwinding of carry trades, as investors sold lower-yielding euro positions.
A stronger euro and carry unwind reflect risk-off flows that weaken emerging-market currencies, which can raise the cost of imported feed ingredients for buyers in those markets.
在过去 388 次看涨的宏观事件之后,欧元(每 EUR 的 USD) 在 5 个交易日内中位数变动 +0.3%(62% 上涨;中间一半区间为 -0.4% 至 +1.1%),20 个交易日内为 +0.1%。
在过去 1,637 次看跌的宏观事件之后,美元(广义) 在 5 个交易日内中位数变动 -0.2%(39% 上涨;中间一半区间为 -0.6% 至 +0.3%),20 个交易日内为 -0.2%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。
Attributes the 2 March euro rally to carry-trade unwinding, in which euro funding positions are bought back, a flow-driven currency mechanism for the jump.
Unwinding of euro-funded carry trades led to euro buying and a continued EUR/USD rally on 2 March despite virus spread in Europe.
Euro rally on 2 March driven by carry trade unwinding contributed to the dollar's decline.