The Federal Reserve held rates on October 28 and the yield curve steepened as Big Tech earnings diverged. EURUSD was 1.1155, USDJPY 157.94, and AUDUSD 0.7055, with the dollar mixed across majors.
A Fed hold with a mixed dollar leaves little direct impact on feed commodities, though a weaker dollar would generally support US commodity export demand.
After 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.
After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), 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.