
The dollar edged higher in choppy trading while the euro fell after the ECB kept rates low for longer. Weaker-than-expected US jobless claims had earlier pushed the greenback lower.
Currency moves of this size are routine and offer little new signal for feed prices. The mild dollar strength is a small headwind for dollar-denominated grain and meal values.
After 533 past bearish macro events, EURUSD 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, DXY 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.