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A Reuters poll of FX strategists taken October 30 to November 3 shows forecasters expect the US dollar to weaken in coming months, with the euro seen at $1.13 in three months and $1.16 in a year. About 60% of respondents to an extra question said the dollar was more likely to exceed their three-month forecasts than fall short, citing strong US growth and sticky inflation.
A firmer dollar tends to weigh on US commodity prices and make US feed ingredients pricier for importers, while a weaker dollar supports export demand and dollar-denominated commodity prices. Rate futures pricing further Fed hikes adds to the dollar-strength risk.
money.usnews.comReutersNov 3, 2026
investing.comNov 3, 2026
kitco.comNov 3, 2026After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 533 past bearish macro events, EURUSD moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% 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.
