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EUR/USD rose about 0.3% toward 1.1400 as the US Dollar Index fell toward 101.30 after the Conference Board consumer confidence index fell to 90.8 in July. German IFO business climate improved to 86.6, and the Bundesbank said Germany likely recorded modest Q2 growth.
Softer US sentiment and a weaker dollar slightly support dollar-priced commodities, though the move is small. Confidence data shapes expectations for US consumption, which feeds into meat and feed demand.
fxstreet.comAgustin WazneJul 28, 2026After 20 past bullish report events, Euro (USD per EUR) moved a median +0.7% over 5 sessions (70% higher; middle half -0.0% to +1.6%), and +1.1% over 20.
After 47 past bearish report events, US Dollar (Broad) moved a median -0.2% over 5 sessions (34% higher; middle half -0.8% to +0.2%), and -0.7% 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.
