
The USD/COP exchange rate rose for a second consecutive day, reaching a one-month high after U.S. October payrolls increased by 165,000, above expectations of 65,000. The unemployment rate fell to 4.1%, and stronger wage growth and consumer-sentiment data also supported the dollar.
Stronger U.S. data lifted expectations for tighter Federal Reserve policy and supported the dollar against the Colombian peso. A higher USD/COP rate can raise the local-currency cost of imported feed and agricultural commodities.
Not enough comparable past events yet for a historical read.
After 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.