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The US dollar strengthened ahead of the November jobs report, while equity-market losses and a sharp weekly decline in oil prices contributed to volatility. Fed funds futures priced in just under a 70% chance of a December rate hike, and several major currencies weakened against the dollar.
Dollar strength can make dollar-priced feed commodities more expensive for importers using other currencies, potentially tempering demand. The article provides no direct new supply or demand signal for feed commodities.
talkmarkets.comMarc ChandlerNov 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.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.
