The euro fell again on Friday to 1.1031 US dollars, its lowest level since April 2025, after earlier losses. Oil prices rose after US President Trump said the US did not need a deal with Iran, and the euro weakened as the dollar gained on higher oil.
A weaker euro makes US dollar-priced commodities such as soybeans, corn and meal more expensive for European buyers, and it tends to support US export competitiveness. Higher oil also feeds into feed and freight costs.
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.