The dollar fell sharply against the yen and euro as U.S. Treasury yields dropped to record lows on coronavirus fears. Markets priced in a second 50 basis point Fed rate cut that month.
The move erased the dollar's main carry advantage, and the euro gained 1.9% for the week.
A weaker dollar and the loss of its carry advantage can reverse a dollar uptrend that began in mid-2018. A softer dollar typically supports dollar-priced commodities such as grains and oilseeds.
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%。
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%。
历史可比事件尚不足,暂无法给出历史解读。
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。
Record-low US Treasury yields and pricing of a 50bp Fed cut erased the dollar's carry advantage, directly driving EUR/USD higher within the window (euro +1.9% for the week).