# US dollar holds onto payrolls gains, NZ dollar rises after election

> 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.

- Date: 2026-11-09 · published 2026-11-09T03:08:58.762Z
- Category: macro · region United States and New Zealand · magnitude low
- Page: https://feedsoft.ai/events/88519-us-dollar-holds-onto-payrolls-gains-nz-dollar-rises-after-election
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

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.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼
- EURUSD: bearish ▼
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-10-12 | [Dollar gains after US consumer prices rise more than expected](https://feedsoft.ai/events/33817-dollar-gains-after-us-consumer-prices-rise-more-than-expected.md) | +0.9% | -0.6% |
| DXY | 2018-11-02 | [Dollar index pares losses after US nonfarm payrolls data](https://feedsoft.ai/events/62281-dollar-index-pares-losses-after-us-nonfarm-payrolls-data.md) | -0.2% | +0.0% |
| DXY | 2025-01-29 | [US dollar firms against peers after Fed holds rates steady](https://feedsoft.ai/events/26413-us-dollar-firms-against-peers-after-fed-holds-rates-steady.md) | -0.1% | -0.8% |
| DXY | 2017-12-12 | [British Pound Holds Gains Over Euro after Inflation Tops 3%, Folds to Dollar Advance](https://feedsoft.ai/events/67721-british-pound-holds-gains-over-euro-after-inflation-tops-3-folds-to-dollar.md) | -0.2% | -1.3% |
| DXY | 2025-03-26 | [US Dollar holds ground after mid-tier data](https://feedsoft.ai/events/25775-us-dollar-holds-ground-after-mid-tier-data.md) | +0.3% | -2.9% |
| EURUSD | 2022-09-30 | [Dollar gains on euro after inflation data, sterling falls](https://feedsoft.ai/events/39798-dollar-gains-on-euro-after-inflation-data-sterling-falls.md) | +0.3% | +1.6% |
| EURUSD | 2026-10-26 | [Euro falls against dollar; Brazilian real tumbles after Lula election win](https://feedsoft.ai/events/17282-euro-falls-against-dollar-brazilian-real-tumbles-after-lula-election-win.md) | -0.3% | — |
| EURUSD | 2023-05-04 | [Dollar gains, euro dips after cautious ECB](https://feedsoft.ai/events/36157-dollar-gains-euro-dips-after-cautious-ecb.md) | -0.8% | -2.7% |

## Sources

- it.marketscreener.com: https://it.marketscreener.com/notizie/il-dollaro-usa-mantiene-i-guadagni-dopo-i-dati-sull-occupazione-il-dollaro-neozelandese-sale-dopo-l-ce785fd2d080fe25
- live.euronext.com: https://live.euronext.com/en/financial-news/us-dollar-holds-payrolls-gains-nz-dollar-rises-after-election
- money.usnews.com: https://money.usnews.com/investing/news/articles/2026-11-08/us-dollar-holds-onto-payrolls-gains-nz-dollar-rises-after-election
- channelnewsasia.com: https://www.channelnewsasia.com/business/us-dollar-holds-payrolls-gains-nz-dollar-rises-after-election-6535011

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.