Loading…
The US dollar is resuming its downward trend ahead of a busy week of central bank decisions and the US midterm elections. The Friday Non-Farm Payrolls report is seen as the next major driver.
Markets expect the labour data could reinforce a less restrictive Fed.
A weaker dollar lifts dollar-denominated commodity prices and supports US export demand. A soft payrolls print would add to that pressure, while a strong one would reverse it.
fxstreet.comFrank WalbaumNov 2, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
