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The briefing reports stronger-than-expected US October payroll growth of 165,000 and notes that the data could give the Federal Reserve more scope to combat inflation. It also highlights weak Canadian jobs data and says New Zealand and other commodity currencies were under pressure.
Stronger US employment can support the US dollar and weigh on commodity-linked currencies; weaker Canadian jobs add pressure on the Canadian dollar. The text does not identify a direct feed-commodity supply or demand change.
interest.co.nzDavid ChastonNov 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.
Not enough comparable past events yet for a historical read.
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.
