Loading…
US nonfarm payrolls rose by 165,000 in October, above the 65,000 forecast, while unemployment fell to 4.1% and wage growth exceeded expectations. The stronger data boosted the dollar; weaker Eurozone retail sales and cautious ECB commentary also weighed on the euro.
Stronger US employment data keeps the prospect of a December Fed rate hike in play, supporting the dollar against the euro. A stronger dollar can raise the cost of dollar-priced feed imports for buyers whose currencies weaken against it.
fxstreet.comVishal ChaturvediNov 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 533 past bearish macro events, Euro (USD per EUR) 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.
