
The US dollar rose against major currencies in New York trading on Tuesday after the JOLTS report showed job openings rising by 333,000 to 7.523 million in September, above forecasts. Investors are watching the US midterm elections and the upcoming nonfarm payrolls data.
The dollar index gained 0.15% to 101.867.
A firmer dollar raises the cost of dollar-priced feed ingredients for importers in emerging markets and can weigh on commodity prices. Strong labor data also reduces the chance of rate cuts, keeping financing costs elevated for buyers.
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.