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Eurozone inflation rose to 4.0% in October from 3.8% in September, its highest in three years, driven mainly by energy costs, while core inflation held at 2.5%. The euro traded near 1.1269 and sterling near 1.3500 as the dollar index fell to about 101.22 ahead of the Bank of England decision.
Persistent energy-led inflation raises the odds of further ECB tightening, which supports the euro and weighs on dollar-priced commodities. For feed buyers, the impact on grain and meal prices is limited and mainly runs through currency moves.
currencysolutions.comManvendra Singh TomarNov 5, 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.
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.
