
EUR/CAD traded near 1.5700 after German and Eurozone PMI releases, with German services and composite PMIs improving while Eurozone services and composite readings declined. Traders were focused on upcoming Eurozone inflation data and the US-Iran situation.
Currency moves in the Canadian dollar, a commodity-linked currency, tend to track crude oil, so the outlook for oil influences the cost of Canadian-origin feed commodities priced in USD.
After 129 past neutral macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (45% higher; middle half -0.5% to +0.5%), and +0.1% over 20.
After 102 past neutral macro events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% 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.