# Dollar Supported by Strength in US Economic News

> The dollar index rose about 0.19% after better-than-expected US data, including September JOLTS job openings at a 4-month high of 7.523 million and factory orders up 1.8% m/m. The Chinese yuan fell to a 1.5-week low after the PBOC raised the foreign reserve requirement ratio, while crude oil dropped to a 2-week low.

- Date: 2026-11-03 · published 2026-11-03T15:57:47.625Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/78047-dollar-supported-by-strength-in-us-economic-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A firmer dollar and a weaker yuan tend to weigh on dollar-priced grain and oilseed demand from China, while markets now price a high probability of a Fed rate hike in December, which keeps financing costs elevated for commodity traders.

## Read by commodity

- DXY: bullish ▲
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-30 | [Loonie Dips Amid US Dollar Strength; Eyes Fed Rate Decision, Economic Data](https://feedsoft.ai/events/32337-loonie-dips-amid-us-dollar-strength-eyes-fed-rate-decision-economic-data.md) | +0.4% | +0.1% |
| DXY | 2024-05-30 | [Why dollar strength looks set to go on \| Oxford Economics](https://feedsoft.ai/events/30423-why-dollar-strength-looks-set-to-go-on-oxford-economics.md) | +0.3% | +1.8% |
| DXY | 2016-12-14 | [US raises key interest rate by 0.25% on strengthening economy - BBC News](https://feedsoft.ai/events/5969-us-raises-key-interest-rate-by-0-25-on-strengthening-economy-bbc-news.md) | +1.6% | +0.9% |
| DXY | 2021-06-18 | [Fed surprise points to further dollar strength \| Capital Economics](https://feedsoft.ai/events/5931-fed-surprise-points-to-further-dollar-strength-capital-economics.md) | -0.2% | +0.4% |
| DXY | 2021-02-26 | [US Dollar Index (DXY) Surges on Market Selloff, Strong Economic Data](https://feedsoft.ai/events/10600-us-dollar-index-dxy-surges-on-market-selloff-strong-economic-data.md) | +0.7% | +1.9% |
| USDCNY | 2018-01-31 | [Economic Watch: What's behind RMB's strength? - Xinhua \| English.news.cn](https://feedsoft.ai/events/67195-economic-watch-what-s-behind-rmb-s-strength-xinhua-english-news-cn.md) | -0.6% | +0.1% |
| USDCNY | 2024-10-10 | [China’s yuan inches higher as PBOC support offsets dollar strength - Markets - Business Recorder](https://feedsoft.ai/events/11040-china-s-yuan-inches-higher-as-pboc-support-offsets-dollar-strength-markets.md) | +0.6% | +0.8% |
| USDCNY | 2023-02-02 | [Dollar strength nears end with small Fed rate hike, breaks 101 handle](https://feedsoft.ai/events/37555-dollar-strength-nears-end-with-small-fed-rate-hike-breaks-101-handle.md) | +0.7% | +2.5% |

## Sources

- barchart.com: https://www.barchart.com/story/news/8618316/dollar-supported-by-strength-in-us-economic-news

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