
EUR/USD fell to around 1.1080 in early European trading on Thursday. The ECB signalled caution on rates depending on how fuel-cost increases spread to wages and prices, while traders grew bets on a Fed hike in December, including possibly 50 basis points.
A stronger dollar on expected Fed tightening makes US dollar-priced commodities like grains and soymeal relatively more expensive for importers, a mild bearish pressure on US-priced feed ingredients.
After 1,108 past macro events, Euro (USD per EUR) moved a median -0.1% over 5 sessions (46% higher; middle half -0.7% to +0.6%), and -0.3% 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.