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A weekly forex outlook from Fisco expects the euro to soften against the dollar, with a forecast range of 1.0950 to 1.1250. Euro/yen is seen at 173 to 179 yen, with ECB rate-hike expectations offset by French fiscal and political worries and Japanese intervention warnings.
Currency forecasts shape dollar and euro price levels for importers of feed commodities priced in USD, affecting European buying power and Japanese demand.
Not enough comparable past events yet for a historical read.
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.