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US equities softened as chipmakers sold off, with Nvidia hit by concerns after Jensen Huang's departure. US producer prices rose in line with expectations, and the US dollar extended recent gains to push the NZD to a new 2026 low.
A firmer dollar raises the cost of US feed commodities for buyers using other currencies and can pressure US export prices. The move is a broad currency story with little direct grain impact.
interest.co.nzStuart RitsonNov 15, 2026After 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.
