US initial jobless claims fell to their lowest level in about 57 years, while ADP data showed private-sector employment increased by 86,000 in October. The dollar index rose to 101.7, although expectations of a Federal Reserve rate increase in December fell from about 83% to 68%.
A stronger dollar can make dollar-priced feed imports more expensive for buyers outside the United States, though the lower rate-hike probability may limit further currency gains.
After 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.