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The euro held near 1.12 dollars, above the 17-month low set last week, as hawkish comments from ECB policymakers supported it. Several ECB officials said more rate hikes may be needed to control inflation, and the ECB held rates unchanged.
Uncertainty ahead of the US midterm elections weighed on the dollar.
A firmer euro and expectations of ECB hikes shift the cost of euro-denominated feed imports and EU demand. Feed price effects are indirect and modest.
ntv.com.trNov 3, 2026After 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.
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.
