
The euro was little changed at $1.0427 after touching $1.0366 on December 15, its lowest since January 2003, and was down 1.4% for the week. Traders focused on the Fed's signal of more rate hikes and rising Treasury yields.
The firm dollar and higher US yields support the dollar index while pressuring dollar-denominated commodity prices, a downside risk for feed ingredients.
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.
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.
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.