# Dollar-buying momentum spreads on U.S. jobs data, with speculative yen buying potentially reversing

> The yen weakened and the dollar strengthened after U.S. October employment growth exceeded expectations, reinforcing views that the Federal Reserve could raise interest rates in December. The article says unwinding speculative yen-long, dollar-short positions could add to yen weakness.

- Date: 2026-11-09 · published 2026-11-09T06:25:10.153Z
- Category: macro · region United States and Japan · magnitude low
- Page: https://feedsoft.ai/events/89024-dollar-buying-momentum-spreads-on-u-s-jobs-data-with-speculative-yen-buying
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

A stronger dollar can weigh on dollar-denominated feed commodity prices, while yen weakness may raise import costs for Japanese feed buyers. The currency impact is the main channel; no direct change in commodity supply is reported.

## Read by commodity

- DXY: bullish ▲
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-03-03 | [Euro extends recent fall, U.S. dollar gains ahead of jobs data](https://feedsoft.ai/events/8257-euro-extends-recent-fall-u-s-dollar-gains-ahead-of-jobs-data.md) | +0.7% | -0.6% |
| DXY | 2016-12-09 | [Euro, yen fall as dollar momentum builds again](https://feedsoft.ai/events/73650-euro-yen-fall-as-dollar-momentum-builds-again.md) | +1.5% | +1.2% |
| DXY | 2018-10-29 | [U.S. Dollar Looks Intent on Rallying into Year-End](https://feedsoft.ai/events/62723-u-s-dollar-looks-intent-on-rallying-into-year-end.md) | +0.1% | +1.2% |
| DXY | 2019-09-06 | [FOREX-U.S jobs data supports dollar as fragile risk-on mood holds](https://feedsoft.ai/events/12330-forex-u-s-jobs-data-supports-dollar-as-fragile-risk-on-mood-holds.md) | -0.5% | +0.2% |
| DXY | 2026-08-31 | [Dollar slips ahead of US jobs data - Markets - Business Recorder](https://feedsoft.ai/events/18078-dollar-slips-ahead-of-us-jobs-data-markets-business-recorder.md) | -0.6% | +1.6% |

## Sources

- nikkei.com: https://www.nikkei.com/article/DGXZQOFL090M80Z01C26A1000000/

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