Loading…
The US dollar index rose to around 101.7 ahead of the October jobs report. Markets lowered the implied probability of a December Fed rate hike to about 68%, while investors also weighed the election-driven stock selloff and prospects for an end to the Iran conflict.
A firmer dollar can weigh on dollar-denominated agricultural commodities, while expectations of lower rates may limit that pressure. Lower oil prices could also ease fuel and freight costs for feed buyers.
tradingeconomics.comNov 6, 2026After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% 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.
