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Analysts expect the US October jobs report to show 65,000 new jobs and unemployment steady at 4.2%. A strong reading could lead the Federal Reserve to keep open the possibility of further rate hikes.
Stronger US labor data would lift the dollar and pressure the peso, raising the cost of dollar-priced grain and meal imports for Mexican buyers.
After 53 past bullish report events, US Dollar (Broad) moved a median +0.1% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
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.