# Dollar weakens amid soft labor US data | Reuters

> 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.

- Date: 2025-11-06 · published 2025-11-06T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/22157-dollar-weakens-amid-soft-labor-us-data-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- DXY: bearish ▼
- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-02-23 | [Dollar weakens as US tariffs struck down, Iran tensions rise \| Reuters](https://feedsoft.ai/events/20830-dollar-weakens-as-us-tariffs-struck-down-iran-tensions-rise-reuters.md) | -0.1% | +1.9% |
| DXY | 2019-09-30 | [Dollar falters after soft US manufacturing data](https://feedsoft.ai/events/57297-dollar-falters-after-soft-us-manufacturing-data.md) | -0.2% | -1.4% |
| DXY | 2020-12-17 | [Ringgit to rebound as US dollar weakens](https://feedsoft.ai/events/49920-ringgit-to-rebound-as-us-dollar-weakens.md) | +0.2% | -0.2% |
| DXY | 2023-11-03 | [US dollar tumbles to six-week low after soft jobs data](https://feedsoft.ai/events/11456-us-dollar-tumbles-to-six-week-low-after-soft-jobs-data.md) | -0.6% | -2.0% |
| DXY | 2026-07-30 | [Gold rises on weaker U.S. dollar, soft inflation data](https://feedsoft.ai/events/18260-gold-rises-on-weaker-u-s-dollar-soft-inflation-data.md) | -1.2% | -1.9% |
| EURUSD | 2023-11-27 | [US dollar weakens as Fed rate cut view weighs](https://feedsoft.ai/events/33364-us-dollar-weakens-as-fed-rate-cut-view-weighs.md) | -0.5% | +0.7% |
| EURUSD | 2025-05-29 | [EUR/USD rebounds sharply as soft US jobs, GDP data sink US Dollar](https://feedsoft.ai/events/24905-eur-usd-rebounds-sharply-as-soft-us-jobs-gdp-data-sink-us-dollar.md) | +1.2% | +3.8% |
| EURUSD | 2024-10-31 | [Dollar falls against yen, US data leaves rate cut hopes intact \| Reuters](https://feedsoft.ai/events/28067-dollar-falls-against-yen-us-data-leaves-rate-cut-hopes-intact-reuters.md) | -1.2% | -2.9% |

## Sources

- reuters.com: https://www.reuters.com/business/dollar-dips-peaks-sterling-squeezed-ahead-boe-2025-11-06/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.