The euro fell to around $1.1147 after trading above $1.12 earlier in the day. October US employment, unemployment and wage data were stronger than expected, prompting markets to anticipate a possible Federal Reserve rate hike in December.
Stronger US data and higher rate expectations support the dollar, putting downward pressure on EUR/USD. A weaker euro can raise the local-currency cost of dollar-priced feed and agricultural imports in Europe.
After 15 past bearish report events, Euro (USD per EUR) moved a median +0.0% over 5 sessions (60% higher; middle half -0.6% to +0.4%), and -0.0% 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.