The euro weakened on Friday, trading near $1.1147 after German October inflation fell more sharply than expected. The ECB reference rate was set at $1.1172.
A firmer dollar lowers the cost of US exports in euro terms and weighs on dollar-denominated grain values, though the effect on feed prices is modest.
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.