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The euro fell about 0.16% to near 1.1178 against the dollar as US bond yields surged and the dollar outperformed. Widening French bond spreads versus the rest of the eurozone also weighed on the euro, while ECB officials said inflation effects were not yet passing into wages and prices.
Rising US yields lifting the dollar tends to pressure dollar-priced grain and meal prices and raise import costs for non-US feed buyers.
octabroker.comOct 8, 2026After 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 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.
