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The US dollar weakened against major currencies on Monday as diplomatic efforts over Iran eased fears of further escalation and improved risk appetite. Brent crude settled nearly 6% lower at $92.57 a barrel, while the euro and yen strengthened against the dollar.
A weaker dollar can support dollar-priced feed commodities, while lower crude prices can ease energy-related costs. The reported oil decline may reduce fuel and freight cost pressure for feed supply chains.
globalbankingandfinance.comBarnali Pal SinhaNov 9, 2026After 33 past bearish geopolitics events, US Dollar (Broad) moved a median -0.6% over 5 sessions (33% higher; middle half -1.5% to +0.2%), and -0.8% over 20.
After 18 past bullish geopolitics events, Euro (USD per EUR) moved a median +1.9% over 5 sessions (83% higher; middle half +0.9% to +2.0%), and +2.0% over 20.
After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.
After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% 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.
