
The US added 165,000 jobs in October, well above expectations, while unemployment fell to 4.1% and wage growth was stronger than forecast. The data lifted US Treasury yields and the dollar, with USD/JPY trading near 158.30 as markets kept a December Fed rate hike in view.
Stronger US employment and wage growth support expectations for higher US interest rates, widening the yield advantage over the yen. This supports the dollar against the yen and the broader dollar index.
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.