
The euro traded at 1.1249 dollars on Thursday morning, slightly above the previous evening, after the ECB reference rate of 1.1267 on Wednesday. German industrial orders recovered partly from the prior month's sharp decline, and the Bank of England was expected to raise rates by 0.25 points.
Currency moves tied to US election results and German orders have no direct bearing on feed commodity supply or prices.
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.