# Dollar higher as investors look past U.S. midterms to inflation data | Reuters

> The dollar rose as investors looked past US midterm elections toward upcoming inflation data. Sterling faced pressure ahead of a UK fiscal event expected to involve public spending cuts and possibly higher taxes.

- Date: 2022-11-09 · published 2022-11-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/38919-dollar-higher-as-investors-look-past-u-s-midterms-to-inflation-data-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar raises the cost of dollar-priced feed imports for other currency buyers. The article is mainly currency market commentary with limited direct commodity impact.

## Read by commodity

- DXY: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-wobbles-while-investors-await-midterms-cryptos-skittish-2022-11-09/

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