
EUR/USD traded near 1.1175 on Monday after Eurozone Q3 GDP grew 0.4% QoQ, above the 0.2% expected, and German GDP rose 0.2%. Fitch revised France's outlook to negative from stable, citing worsening fiscal conditions.
Currency moves in the euro and dollar affect the relative competitiveness of US feed grain and meal exports and the dollar-denominated price of commodities; a firmer euro modestly supports dollar-priced feed demand from Europe.
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.