# US jobs and rate calls: impact on currency and commodities | VT Markets

> A preview of the week ahead outlining the Fed rate decision, CPI and PPI releases, and Bank of Japan decision. It notes September nonfarm payrolls rose 254,000 and unemployment fell to 4.1%.

- Date: 2024-10-28 · published 2024-10-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/27757-us-jobs-and-rate-calls-impact-on-currency-and-commodities-vt-markets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Upcoming rate and inflation data shape dollar and energy moves that flow into commodity pricing. For feed buyers the effect is a general macro backdrop rather than a specific supply change.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-03-29 | [US: Sharp rise in long interest rates to impact emerging market currencies - Natixis — Octa](https://feedsoft.ai/events/72189-us-sharp-rise-in-long-interest-rates-to-impact-emerging-market-currencies.md) | +0.5% | +0.1% |
| DXY | 2024-08-28 | [Asian currencies tread water as markets await cues on Fed cuts](https://feedsoft.ai/events/29077-asian-currencies-tread-water-as-markets-await-cues-on-fed-cuts.md) | +0.5% | -0.3% |
| DXY | 2021-10-18 | [How does dollar impact inflation? Watch commodities](https://feedsoft.ai/events/44437-how-does-dollar-impact-inflation-watch-commodities.md) | -0.4% | +0.4% |
| DXY | 2017-03-07 | [The correlation between USD and commodities is now gone: Citi](https://feedsoft.ai/events/71920-the-correlation-between-usd-and-commodities-is-now-gone-citi.md) | -0.0% | -1.3% |
| DXY | 2025-11-09 | [Fed policy signals may guide commodities amid lack of US data](https://feedsoft.ai/events/21877-fed-policy-signals-may-guide-commodities-amid-lack-of-us-data.md) | -0.2% | -0.6% |

## Sources

- vtmarkets.com: https://www.vtmarkets.com/en-eu/week_ahead/us-jobs-and-rate-calls-impact-on-currency-and-commodities/

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