The euro closed October 2026 at 1.1172 dollars per the ECB reference rate, down 1.61% for the month. It also fell against the pound, yen and yuan, the second consecutive monthly loss against all four currencies.
A weaker euro against the dollar tends to make US exports cheaper for European buyers and dampens dollar-denominated commodity prices in euro terms, a modest headwind for grain and meal values.
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.