◂ Event Timeline

Nov 10, 2026MACROUnited States

Dollar strengthens after US inflation data boosts Fed rate-hike expectations

The US Consumer Price Index rose 0.4% in October, above the 0.3% increase economists had forecast. The dollar strengthened against major currencies as the data raised expectations of a Federal Reserve rate hike next month.

WHY IT MATTERS

Higher expected US interest rates can support the dollar, affecting the cost of dollar-denominated agricultural imports for buyers using other currencies.

AFFECTSUS Dollar (Broad)▲

SOURCE
live.euronext.comNov 10, 2026

Price reaction & history

US Dollar (Broad)▲bullish

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.

Jun 24, 2026US dollar strengthens to 13-month high on Fed rate hike expectations | Reuters-0.1%
Jun 29, 2023Dollar index hits two-week high as data boosts Fed hike expectations+0.4%
May 23, 2023Dollar Strengthens Broadly on Fed Rate Expectations | The Epoch Times+0.4%
Oct 31, 2022Dollar gains on Fed rate hike expectations-0.1%
Sep 16, 2024US dollar strengthens ahead of expected Fed rate cut-0.2%

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.

US Dollar (Broad) DXY · GP ▸

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