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The US Dollar Index traded near 101.72, down 0.24%, as traders weighed possible progress in US-Iran negotiations ahead of US midterm elections and upcoming US data. Upbeat October ISM Manufacturing PMI data was largely set aside.
A weaker dollar tends to support dollar-priced commodities and can ease pressure on emerging-market currencies that import feed ingredients. The move is modest, so the impact on feed prices is limited.
fxstreet.comChristian Borjon ValenciaNov 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.
