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The euro edged down 0.13% to $1.0552 after rising 0.7% in the previous session. The move followed ECB board member Isabel Schnabel's remarks that rate cuts should be gradual and move policy to neutral.
European stock markets were quiet during the Thanksgiving holiday.
Currency moves of this size have little direct effect on feed grain prices, but they shape the dollar's direction and European import demand at the margin.
reuters.comHarry Robertson, Ankur BanerjeeNov 28, 2024Not 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.
