On November 3, the dollar rose against the yen to close at 158.73 in New York after US September job openings (JOLTS) beat forecasts and reached a four-month high. The dollar gained as higher long-term yields priced in rate hikes this year, while the euro rose after a German central bank official said a December ECB hike may be needed.
Stronger US labor data and rate-hike expectations support the dollar, which can weigh on dollar-priced commodities over time, though this is a routine FX move without a direct supply effect on feed.
Not enough comparable past events yet for a historical read.
After 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.
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.