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The euro traded below $1.12 in a holding pattern, and a stronger-than-expected US consumer confidence reading helped push it lower toward $1.11575. Strong demand for US Treasuries boosted the dollar, yen and Swiss franc.
Analysts pointed to trade concerns and European political instability as pressure on the euro.
A firmer dollar from risk-off flows tends to weigh on dollar-priced grain and oilseed values, though the move reflects currency trading rather than a change in crop fundamentals.
exchangerates.org.ukElaine HoustenMay 27, 2019Not enough comparable past events yet for a historical read.
Not 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.
