The euro fell as much as 0.5% against the dollar in Asian trading on Monday, reaching $1.1183 before recovering to near $1.1232. The decline followed Ukraine-related tensions between Zelensky and Trump and clashes at protests in several French cities over living costs and fiscal policy.
French government bond futures fell as much as 52 ticks.
Higher oil price risk from intensified Ukrainian drone strikes on Russian energy infrastructure could raise input and freight costs for feed producers. A weaker euro also makes EU feed and grain imports relatively cheaper for European buyers.
After 36 past bearish geopolitics events, Euro (USD per EUR) moved a median -1.0% over 5 sessions (22% higher; middle half -1.8% to -0.3%), and -0.7% 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.