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The euro held slightly below three-week highs against the dollar on December 6 after a rally on Monday that followed Italian Prime Minister Renzi's loss in a constitutional referendum, which traders viewed as expected. Investors were focused on the upcoming ECB meeting and possible hawkish signals.
Currency moves around the ECB meeting shift the relative cost of US-priced feed commodities for European buyers, with a firmer euro modestly supportive of dollar-priced grain demand from Europe.
reuters.comDec 6, 2016Not 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.
