
The euro fell 0.6% to a 22-month low of $1.1141 on Thursday after a surprise drop in German business morale. Political uncertainty in Spain ahead of a polarised Sunday election added to the pressure.
The European Central Bank has pushed back its first rate hike, widening the gap with the US economy.
A weaker euro against the dollar makes US grain, oilseed and meal exports more competitive for euro-linked buyers and tends to weigh on dollar-denominated feed prices.
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.