
The US dollar held near 18-month highs against major currencies on Monday after its best week in seven months, driven by safe-haven demand and rising Fed rate-hike forecasts. The euro traded at $1.1161 and the Aussie at $0.701 ahead of central bank meetings in Australia, the UK and Europe.
A stronger dollar makes US-priced grains, oilseeds and meals more expensive for overseas buyers, which can weigh on US export demand and futures prices.
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.
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.
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.