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ECB President Christine Lagarde reiterated the bank's aim to raise the euro's international use and position it as an alternative to the dollar. The remarks came as European officials openly discussed the euro's reserve-currency role.
A stronger push for euro reserve status could slowly weaken dollar demand over time, but the effect on feed commodity prices in the near term is negligible.
reuters.comMike DolanMay 28, 2025After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% 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.
