The euro stayed below 1.11 dollars, near its lowest since March 2025, as the dollar was supported by expectations of further Federal Reserve tightening after higher-than-expected US consumer inflation. Political and budget uncertainty in France and weaker growth prospects in Europe also weighed on the currency.
A stronger dollar and weaker euro reduce the cost of US exports to Europe and make dollar-priced feed commodities relatively more expensive for EU buyers, a modest bearish influence on dollar-denominated grain and oilseed prices.
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.
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.
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.