
EUR/USD fell to two-week lows near 1.1444 on March 30 as a stronger dollar, supported by Iran-war risk aversion and higher oil prices, pressured the euro. The dollar index traded near 100.54, close to ten-month highs, while traders scaled back ECB and Fed rate-hike bets on growth concerns.
A firmer dollar lifts the cost of dollar-priced grains and oilseeds for euro-zone buyers, while the oil-driven dollar rally reflects the broader energy shock. Shifts in rate expectations also feed through to currency-hedged commodity pricing.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.