
US producer price inflation came in softer than forecast, with headline annual PPI rising to 6.5% from 6.3% against a 6.6% forecast. EUR/USD still slid toward its lowest level since May 2025 as traders kept betting on further Federal Reserve rate hikes.
A firm dollar lifts the US Dollar Index and weighs on dollar-priced commodities, including feed grains and oilseeds, which tends to pressure prices for buyers. Rate-hike expectations keep the dollar strong even when inflation data eases.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.