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October U.S. nonfarm payrolls rose by 165,000, well above expectations, while unemployment fell to 4.1%. The stronger report lifted market expectations of a December Federal Reserve rate hike to nearly 80%, sending the dollar higher and the yen to the upper 158 range per dollar; the euro and pound also weakened against the dollar.
The prospect of higher U.S. rates supports the dollar, which can raise the cost of dollar-priced feed imports for buyers using other currencies.
finance.biggo.comNov 6, 2026Not enough comparable past events yet for a historical read.
After 53 past bullish report events, US Dollar (Broad) moved a median +0.1% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.5% over 20.
After 15 past bearish report events, Euro (USD per EUR) moved a median +0.0% over 5 sessions (60% higher; middle half -0.6% to +0.4%), and -0.0% 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.
