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The report said the dollar index and euro both gained 0.41% over the week, despite their usually inverse relationship. It also highlighted that the Australian dollar fell after an RBA rate increase and that the yen barely moved despite increased expectations of a December Bank of Japan hike.
Currency shifts influence the local-currency cost of imported feed ingredients and the competitiveness of exporters. The broad dollar gain is supportive of dollar-priced commodity values for non-U.S. buyers, while the report flags potential volatility if these currency divergences narrow.
mitrade.comIrene Q.Nov 9, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
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.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
