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The article previews the US October nonfarm payrolls report, with consensus expecting 70,000 jobs added and an unchanged 4.2% unemployment rate. It says stronger-than-expected employment data could revive expectations of a December Federal Reserve rate hike and support the dollar.
A firmer US labor market could increase expected interest rates and strengthen the dollar against the euro, affecting the cost of dollar-denominated feed imports for buyers using other currencies.
xtb.comNov 6, 2026After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), 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.
