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The euro swung in a wide range on April 26 after the ECB held rates, trading 0.46% lower near $1.2103. Draghi said euro-zone economic strength continued but acknowledged moderation, and the Swedish crown slumped.
Currency moves tied to ECB messaging change the relative cost of dollar-priced grain and meal imports for European buyers, which can shift EU demand for US versus South American supplies.
cnbc.comReutersApr 26, 2018After 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.
