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The euro fell against the dollar in London trading after U.S. October payrolls rose by 165,000, above market expectations; the unemployment rate also improved to 4.1%. The dollar gained against the pound and yen as traders considered the possibility of a U.S. rate increase before year-end.
Resilient U.S. labor data can lift rate expectations and support the dollar, potentially increasing the cost of imported feed for buyers using other currencies. This is primarily a currency-market effect, with no direct feed commodity supply change reported.
nikkei.comNikkei Inc.Nov 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 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.
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.
