
ECB policymaker Olli Rehn said the central bank may need to cut rates further and should not exclude a larger 50 basis point reduction. He noted tightening financing conditions and that the bank will decide meeting by meeting.
Expectations of further ECB easing tend to pressure the euro lower against the dollar, which affects dollar-priced feed imports into Europe. The effect on feed prices is indirect and secondary.
Setelah 533 peristiwa makro bearish sebelumnya, Euro (USD per EUR) bergerak median -0,3% selama 5 sesi (33% lebih tinggi; separuh tengah -1,2% sampai +0,2%), dan -0,5% 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.