
EUR/USD rebounded from a three-month low to around 1.1470 as the dollar index eased on news of an Israel-Hezbollah ceasefire. The dollar remained supported by renewed Fed rate-hike bets, with the DXY trading near its highest level since May 2025.
A strong dollar near 13-month highs pressures dollar-denominated commodity prices and can dampen US export demand for feed grains. Easing geopolitical tensions reduce energy-driven cost risk.
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.
After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% 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.