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The dollar fell against the euro and Swiss franc on November 6 after Challenger data showed US employers cut more than 150,000 jobs in October, the largest October reduction in over 20 years. The data raised expectations of another Fed rate cut this year.
Weaker US labor data and a softer dollar tend to support US commodity prices and export competitiveness. The impact on feed markets is indirect and modest.
reuters.comSaqib Ahmed, Chibuike OguhNov 6, 2025After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% 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.
