# Asian FX rises as dollar steadies after US jobs data

> Most Asian currencies edged higher on Monday as the dollar stabilized after its sharp rise following stronger-than-expected US jobs data. Markets priced in nearly an 80% chance of a Federal Reserve rate increase in December and awaited US inflation data; the South Korean won led regional gains.

- Date: 2026-11-09 · published 2026-11-09T06:13:41.269Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/88845-asian-fx-rises-as-dollar-steadies-after-us-jobs-data
- 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), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

A softer dollar against Asian currencies can lower the local-currency cost of imported feed commodities in the region. The currency moves suggest modest relief for importers, though the expected Fed decision remains a risk.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲
- USDCNY: neutral
- USDJPY: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-08-30 | [Dollar steadies after data-driven fall \| Convera](https://feedsoft.ai/events/34818-dollar-steadies-after-data-driven-fall-convera.md) | +1.3% | +2.3% |
| DXY | 2020-09-30 | [Latam FX rise as dollar steadies; Mexican peso shines](https://feedsoft.ai/events/51308-latam-fx-rise-as-dollar-steadies-mexican-peso-shines.md) | -1.1% | -1.5% |
| DXY | 2023-11-03 | [US dollar tumbles to six-week low after soft jobs data](https://feedsoft.ai/events/11456-us-dollar-tumbles-to-six-week-low-after-soft-jobs-data.md) | -0.6% | -2.0% |
| DXY | 2026-07-30 | [Australian Dollar rallies despite softer CPI as US Dollar tumbles after Fed, weaker data](https://feedsoft.ai/events/18598-australian-dollar-rallies-despite-softer-cpi-as-us-dollar-tumbles-after-fed.md) | -1.2% | -1.9% |
| DXY | 2024-09-19 | [Sterling rises vs dollar after Fed; BoE in focus \| Reuters](https://feedsoft.ai/events/28566-sterling-rises-vs-dollar-after-fed-boe-in-focus-reuters.md) | -0.1% | +2.1% |
| USDCNY | 2024-03-25 | [Yen steady after intervention warning, dollar dips](https://feedsoft.ai/events/31444-yen-steady-after-intervention-warning-dollar-dips.md) | -0.1% | +0.2% |
| USDCNY | 2025-06-18 | [Yuan holds steady against dollar as regulators vow stability](https://feedsoft.ai/events/24431-yuan-holds-steady-against-dollar-as-regulators-vow-stability.md) | -0.1% | -0.0% |
| USDCNY | 2021-03-30 | [Asia's emerging FX hit by rising dollar; Indonesia, Philippine stocks fall 1% \| Financial Post](https://feedsoft.ai/events/48392-asia-s-emerging-fx-hit-by-rising-dollar-indonesia-philippine-stocks-fall-1.md) | -0.1% | -1.3% |

## Sources

- id.investing.com: https://id.investing.com/news/forex-news/fx-asia-menguat-saat-dolar-stabil-usai-data-tenaga-kerja-as-3121807
- th.investing.com: https://th.investing.com/news/forex-news/article-827300

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