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EUR/USD regained 1.1100 as about €9 billion of options expiries sat between 1.1070 and 1.1125. One-month implied volatility fell below 6.0 after a brief rise, and risk reversals were well below early October peaks.
Analyst Richard Pace says the option data suggests limited downside.
Options positioning shows the currency market is calm, so the dollar's influence on grain and meal prices is unlikely to shift sharply in the near term.
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.