The euro retreated on Nov 26 after briefly hitting a near three-month high against the dollar, as coronavirus concerns grew in Europe and Germany prepared new restrictions. The Swedish crown fell against the euro and dollar after the Riksbank expanded its quantitative easing program.
A firmer euro and weaker dollar tend to ease dollar-denominated input costs for importers, but the move is small and mostly reflects currency flows rather than feed supply or demand.
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.