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US employers added 165,000 jobs in October, above the consensus forecast, and September payrolls were revised higher. Unemployment fell to 4.1%, while monthly wage growth was stronger than expected, prompting markets to raise expectations for a December Fed rate hike and lifting the dollar.
The stronger labour data supports higher US interest-rate expectations and the dollar, which can increase the local-currency cost of dollar-priced feed imports for buyers outside the United States.
poundsterlinglive.comGary HowesNov 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.
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.
