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ING analyst Chris Turner said the US dollar had been resilient despite a sell-off in technology stocks and expected the October jobs report to confirm a solid labor market. He forecast the DXY to remain within a 101.50–102.50 range, with stronger payrolls potentially supporting short-term rates and the dollar.
A resilient dollar can weigh on dollar-denominated feed and fertilizer commodities by making them more expensive for non-US buyers, though the forecast range suggests limited immediate impact.
mitrade.comFxstreetNov 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.
