# US jobs pickup may keep Federal Reserve on track to hike rates again | World News - Business Standard

> Forecasters expect US October nonfarm payrolls to rise to about 65,000, more than double the prior pace, with unemployment steady at 4.2%. Job openings, layoffs, jobless claims and trade data are also due in the coming week. Economists say the labor market is losing momentum but not breaking, keeping the Fed on track for further rate hikes.

- Date: 2026-11-01 · published 2026-11-01T06:09:28.894Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/4176-us-jobs-pickup-may-keep-federal-reserve-on-track-to-hike-rates-again-world-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger jobs data raises expectations of further Fed tightening, which tends to lift the dollar and raise financing costs for feed-grain exporters and livestock producers. A firmer dollar can weigh on US commodity prices priced in dollars.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-01-27 | [Bond yields rise, rupee falls on US Federal Reserve policy and crude prices \| News on Markets - Business Standard](https://feedsoft.ai/events/43416-bond-yields-rise-rupee-falls-on-us-federal-reserve-policy-and-crude-prices-news.md) | +0.1% | +0.7% |
| DXY | 2023-03-08 | [Rupee slides as Federal Reserve's Powell hints at higher US terminal rates \| Money & Forex Markets - Business Standard](https://feedsoft.ai/events/37142-rupee-slides-as-federal-reserve-s-powell-hints-at-higher-us-terminal-rates.md) | -0.4% | -1.9% |
| DXY | 2016-11-18 | [Rate hike fears, sell off: 5 reasons why the rupee hit 68 levels today \| News on Markets - Business Standard](https://feedsoft.ai/events/74123-rate-hike-fears-sell-off-5-reasons-why-the-rupee-hit-68-levels-today-news-on.md) | +1.0% | +1.3% |
| DXY | 2026-08-31 | [Dollar holds near two-week high as bets rise on September Fed rate hike \| Markets News - Business Standard](https://feedsoft.ai/events/18081-dollar-holds-near-two-week-high-as-bets-rise-on-september-fed-rate-hike-markets.md) | -0.6% | +1.6% |
| DXY | 2024-11-06 | [Dollar surges, set for biggest one-day rise since March 2023 against peers \| World News - Business Standard](https://feedsoft.ai/events/6859-dollar-surges-set-for-biggest-one-day-rise-since-march-2023-against-peers-world.md) | +1.9% | +1.5% |

## Sources

- business-standard.com: https://www.business-standard.com/world-news/us-jobs-pickup-may-keep-federal-reserve-on-track-to-hike-rates-again-126110100063_1.html

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