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EUR/USD was forming a double bottom near 1.1100 as markets looked ahead to the week's data. The Fed and ECB held rates last week, and CME FedWatch showed about a 70% probability of a December hike.
Key events included the US midterm elections, the US Services PMI, the BoE decision and the Friday US payrolls report.
Expectations of further US tightening support the dollar, which can pressure dollar-priced feed commodities. The outcome depends on the payrolls and election results, so the near-term direction for grains and meal is uncertain.
binaryoptions.netBogdan GiulvezanNov 2, 2026Not 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.
