
The US dollar gained against all major currencies after October consumer price data showed core prices rising 0.3% for a third straight month, above forecasts. The ECB euro reference rate fell to 1.1127, its lowest since May 2025.
Firmer US inflation supports a stronger dollar and higher rate expectations, which tends to pressure dollar-priced commodities and can slow foreign buying of US feed ingredients.
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.