
The euro rose for a second day as hopes for US-China trade talks the following week eased tensions and limited dollar demand. The euro had been pressured by euro zone bank exposure to Turkey after the lira's crash and by concerns over Italy's budget.
EUR/USD traded near $1.1394.
Easing US-China trade tensions reduce risk for soybean and grain export flows, which is mildly supportive for US soy and corn prices. The currency move itself is a secondary factor for feed buyers.
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.