# US Jobs Pickup May Keep Fed on Track to Hike Rates Again - SWI swissinfo.ch

> Forecasters expect US nonfarm payrolls to rise to 65,000 in October with unemployment steady at 4.2%, a result that would keep the Fed on track for further rate increases. Other data due that week include job openings, manufacturing activity, trade figures and third-quarter productivity.

- Date: 2026-11-01 · published 2026-11-01T12:08:20.750Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/8875-us-jobs-pickup-may-keep-fed-on-track-to-hike-rates-again-swi-swissinfo-ch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger labor data and expected Fed hikes support the dollar and pressure commodity prices priced in dollars, while higher rates raise financing costs for feed buyers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-01 | [USD/JPY climbs to mid-109s as greenback gathers strength on upbeat PMI data - Forex Crunch](https://feedsoft.ai/events/60818-usd-jpy-climbs-to-mid-109s-as-greenback-gathers-strength-on-upbeat-pmi-data.md) | +0.8% | +1.0% |
| DXY | 2024-02-02 | [South African rand drops as dollar jumps on US jobs report](https://feedsoft.ai/events/31946-south-african-rand-drops-as-dollar-jumps-on-us-jobs-report.md) | +0.6% | +0.6% |
| DXY | 2024-04-10 | [Dollar Surges as a Hot US CPI Report Dampens Fed Rate Cut Expectations](https://feedsoft.ai/events/12560-dollar-surges-as-a-hot-us-cpi-report-dampens-fed-rate-cut-expectations.md) | +2.0% | +1.2% |
| DXY | 2025-08-29 | [GBP/USD consolidates above 1.3450 with muted reaction to US inflation data](https://feedsoft.ai/events/23591-gbp-usd-consolidates-above-1-3450-with-muted-reaction-to-us-inflation-data.md) | -0.1% | +0.1% |
| DXY | 2020-04-06 | [The Fed - Foreign Exchange Rates - H.10 -  April 06, 2020](https://feedsoft.ai/events/53816-the-fed-foreign-exchange-rates-h-10-april-06-2020.md) | -1.8% | -1.0% |

## Sources

- swissinfo.ch: https://www.swissinfo.ch/eng/us-jobs-pickup-may-keep-fed-on-track-to-hike-rates-again/92308056

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