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EUR/USD fell to 1.1045 on Friday, its weakest level in 19 months, as traders bet on outsized Federal Reserve hikes and awaited US PPI data. The move was driven by interest-rate repricing rather than new Eurozone-specific bad news.
A stronger dollar makes USD-priced feed commodities like corn, soybeans and meal cheaper for euro-area buyers, supporting EU import demand while pressuring US export prices.
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.