# Dollar advances after data as eyes turn to jobs report | Reuters

> The dollar was on track for its fourth straight weekly gain as a run of positive US economic data reduced expectations for the size and speed of Fed rate cuts. Higher Treasury yields accompanied the move.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/28049-dollar-advances-after-data-as-eyes-turn-to-jobs-report-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar makes US feed grains and meal more expensive for importers and can weigh on US export demand, a mild bearish pressure on dollar-quoted feed prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-02-19 | [Dollar advances after data implies stable labor market \| Reuters](https://feedsoft.ai/events/20506-dollar-advances-after-data-implies-stable-labor-market-reuters.md) | -0.1% | +1.8% |
| DXY | 2024-06-25 | [US dollar advances after hawkish Fed comment, economic data \| Reuters](https://feedsoft.ai/events/29634-us-dollar-advances-after-hawkish-fed-comment-economic-data-reuters.md) | +0.6% | -0.3% |
| DXY | 2017-06-01 | [Dollar bounces back after strong U.S. private sector jobs report \| Reuters](https://feedsoft.ai/events/70726-dollar-bounces-back-after-strong-u-s-private-sector-jobs-report-reuters.md) | -0.4% | -1.1% |
| DXY | 2025-04-30 | [US dollar advances after GDP declines; other reports point to still solid economy \| Reuters](https://feedsoft.ai/events/25320-us-dollar-advances-after-gdp-declines-other-reports-point-to-still-solid.md) | -0.5% | -0.5% |
| DXY | 2026-02-11 | [Dollar rallies after blowout jobs data](https://feedsoft.ai/events/20854-dollar-rallies-after-blowout-jobs-data.md) | +0.3% | +1.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/yen-wobbles-vulnerable-political-reverberations-2024-10-25/

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