# Dollar Holds Gains as Jobs Data Lift Fed Hike Bets

> U.S. payrolls rose by 165,000 in October, well above forecasts, while the unemployment rate edged down and wage growth exceeded expectations. Markets raised the implied probability of a December Federal Reserve rate hike, and the dollar index gained about 0.7% on Friday before holding near 102.2 on Monday.

- Date: 2026-11-09 · published 2026-11-09T15:17:30.749Z
- Category: macro · region United States · magnitude low
- Page: https://feedsoft.ai/events/89771-dollar-holds-gains-as-jobs-data-lift-fed-hike-bets
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Stronger employment and wages increase expectations of higher U.S. rates, supporting the dollar. A stronger dollar can make dollar-priced feed commodities more expensive for buyers using other currencies, though the article reports no direct commodity-price move.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-28 | [Gold down 1% as dollar, yields rise on Fed rate-hike bets](https://feedsoft.ai/events/39036-gold-down-1-as-dollar-yields-rise-on-fed-rate-hike-bets.md) | +1.2% | -2.4% |
| DXY | 2026-09-14 | [Dollar gains as Middle East conflict lifts oil, Fed hike looms By Reuters](https://feedsoft.ai/events/17642-dollar-gains-as-middle-east-conflict-lifts-oil-fed-hike-looms-by-reuters.md) | +1.1% | +2.9% |
| DXY | 2026-05-15 | [Dollar climbs for fifth straight day as Fed rate hike bets grow](https://feedsoft.ai/events/19469-dollar-climbs-for-fifth-straight-day-as-fed-rate-hike-bets-grow.md) | +0.6% | +0.7% |
| DXY | 2022-11-03 | [Gold dips as hawkish U.S. Fed lifts dollar, yields](https://feedsoft.ai/events/38593-gold-dips-as-hawkish-u-s-fed-lifts-dollar-yields.md) | -1.0% | -4.2% |
| DXY | 2026-01-29 | [GBP/USD slides below 1.3780 as Fed hold lifts the Dollar](https://feedsoft.ai/events/21301-gbp-usd-slides-below-1-3780-as-fed-hold-lifts-the-dollar.md) | +0.6% | +0.3% |
| EURUSD | 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) | -0.3% | +0.5% |
| EURUSD | 2026-06-18 | [US dollar rally builds as hawkish Fed meeting stokes rate-hike bets \| The Straits Times](https://feedsoft.ai/events/11517-us-dollar-rally-builds-as-hawkish-fed-meeting-stokes-rate-hike-bets-the-straits.md) | -1.8% | -1.3% |
| EURUSD | 2020-01-23 | [Dollar gains vs euro as ECB holds policy steady, launches review](https://feedsoft.ai/events/55288-dollar-gains-vs-euro-as-ecb-holds-policy-steady-launches-review.md) | -0.7% | -2.6% |

## Sources

- openbookfx.com: https://www.openbookfx.com/news/dollar-holds-gains-as-jobs-data-lift-fed-hike-bets

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