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Asian currencies edged lower after the previous session’s gains, while the dollar held its losses as markets awaited U.S. October CPI data. Lower oil prices and reduced concern about further U.S. military action against Iran had eased inflation worries, while strong U.S. jobs data had raised expectations of a Fed rate increase.
A stronger CPI reading could strengthen expectations of Fed tightening and support the dollar; a weaker reading could leave it under pressure. Dollar movements can affect the cost of imported feed ingredients, though no commodity supply change is reported.
investing.comAyushman OjhaNov 10, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
