
The US dollar held near recent highs after strong October employment data boosted expectations of a Federal Reserve rate increase in December. The New Zealand dollar rebounded from a seven-month low after a close election weakened the government, with the outcome still pending.
Stronger US data and higher rate expectations support the dollar, while political uncertainty is affecting the New Zealand dollar. Currency moves can alter the local-currency cost of imported feed and export competitiveness.
Not enough comparable past events yet for a historical read.
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.
Not enough comparable past events yet for a historical read.
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.
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.