
The US dollar stayed near a 1½-year high against the euro after stronger-than-expected October jobs data boosted expectations of higher US interest rates. The dollar index edged lower on Monday, while the Australian and New Zealand dollars rebounded as technology shares lifted risk appetite.
A stronger dollar can make dollar-priced feed commodities more expensive for importers using other currencies, potentially weighing on demand and prices. The article reports no direct change in commodity supply or demand.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
After 533 past bearish macro events, Euro (USD per EUR) moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
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.