EUR/USD fell to about 1.0670 on June 14, a six-week low, as the Fed's hawkish stance kept the dollar firm. Euro weakness also reflected uncertainty ahead of French snap legislative elections.
A firmer dollar and weaker euro make US commodities more expensive for euro buyers, tending to pressure US export demand for feed grains and meal at the margin.
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.