
The dollar was on track for a fourth straight weekly gain against the euro after US September jobs growth fell short of expectations and unemployment rose to 4.2%. The 10-year Treasury yield slipped to about 5.19%, while yields remain near multi-decade highs.
Rising crude prices also supported the dollar.
A firm dollar and high US yields generally pressure dollar-priced grains and oilseeds, while higher crude costs lift energy and freight costs for feed buyers.
After 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.