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Societe Generale analyst Kit Juckes said US inflation-driven rate moves put EUR/USD fair value near 1.1150, leaving the pair in a narrow range. He maintained a year-end target of 1.10, citing continued US economic outperformance, and noted that upcoming US producer-price data could attract added attention.
Dollar outperformance can raise the cost of dollar-denominated feed imports for buyers using other currencies. The currency outlook has no direct supply or demand implication for feed commodities in the article.
octabroker.comNov 11, 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 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% 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.
