
The euro fell after euro zone inflation eased more than expected in November, with consumer price growth dropping to 2.4% from 2.9% in October against forecasts of 2.7%. The dollar rose from a three-month low but was still on track for its biggest monthly drop in a year.
Currency moves shift the dollar cost of non-US feed ingredients and influence export competitiveness for US grains and meals; a weaker dollar generally supports US commodity prices in dollar terms.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), 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.