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EUR/USD traded at 1.1501 after Eurozone second-quarter GDP grew 0.4% against a 0.2% forecast and July HICP rose to 2.9%. The Fed held rates steady with three regional presidents dissenting in favor of a hike, and the euro rallied on the data.
A firmer euro and softer dollar tend to lift US-priced feed commodities for overseas buyers, while persistent eurozone energy inflation keeps the ECB hike path in focus.
tradingnews.comItai SmidtJul 31, 2026After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
