
EUR/USD rose about 0.7% to 1.1676 on October 29, 2021, after the ECB kept rates unchanged and said it would moderately slow its pandemic bond purchases. The move also followed a slowdown in US third-quarter GDP growth.
Dollar weakness after the ECB decision and weaker US growth can modestly lift dollar-denominated grain and oilseed prices, though the effect on feed markets is limited.
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.
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.
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.