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The euro fell 0.1% to $1.1180 in European trading after reports that the European Commission could begin disciplinary steps against Italy on June 5 over its debt and deficit. The euro had hit a two-week high after pro-European parties kept a firm majority in the EU Parliament.
The decline followed a loss of 0.1% the previous day.
Euro weakness on Italian fiscal concerns mainly moves currency markets and has little direct effect on feed grain prices.
economies.comRami HaddadMay 28, 2019Not enough comparable past events yet for a historical read.
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.
