
EUR/USD weakened to 1.1622 as investors rotated back into the dollar amid geopolitical uncertainty and shifting US rate expectations. Rabobank says the euro may struggle to hold above 1.20 in coming months.
Safe-haven dollar strength raises import costs for dollar-priced feed ingredients and can cap commodity demand from non-dollar buyers.
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 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.