
The dollar consolidated recent gains near a three-week high on higher US Treasury yields, while the euro weakened over Italy's budget deficit concerns. The yen traded near a 10-month low.
A firmer dollar on higher yields makes US commodity exports pricier abroad, a modest bearish factor for grain and feed prices.
After 2,356 past bullish macro events, US Dollar (Broad) 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, Euro (USD per EUR) 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.