The euro rose to about $1.17 on April 30 after the ECB held rates and kept options open for June and beyond. Eurozone inflation hit 3% in April, while economic growth slowed to 0.1% in the first quarter.
Markets priced around 75 basis points of hikes by year-end.
A firmer euro against the dollar makes US commodities relatively cheaper for European buyers, while a stronger dollar typically pressures dollar-priced grains and oilseeds. The rate outlook is a secondary driver for feed markets compared with energy prices.
Setelah 388 peristiwa makro bullish sebelumnya, Euro (USD per EUR) bergerak median +0,3% selama 5 sesi (62% lebih tinggi; separuh tengah -0,4% sampai +1,1%), dan +0,1% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.