Dollar hits four-month low as weak US jobs data boosts rate cut bets

After 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.

• May 24, 2019Dollar slips as weak data boosts US rate cut bets+0.4%
• Aug 19, 2024Sterling hits one-month high as Fed rate cut bets weigh on dollar | Reuters-0.8%
• Aug 2, 2019Dollar weakens as September rate cut bets mount+0.4%
• Nov 25, 2025US dollar weakens as data backs Fed rate cut view; yen watch continues-0.6%
• Nov 27, 2023US dollar weakens as Fed rate cut view weighs-0.2%

After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Nov 3, 2023US dollar tumbles to six-week low after soft jobs data+1.0%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+5.1%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+1.1%
• Dec 30, 2019Dollar Languishes Near July Lows as Investor Risk Appetite Boosts Rivals-0.9%
• Aug 22, 2025Canadian dollar rallies the most in three months as Fed’s Powell signals possible rate cut - The Globe and Mail-0.6%

After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Nov 3, 2023US dollar tumbles to six-week low after soft jobs data+1.8%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+3.1%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+4.5%
• Nov 1, 2025US dollar slips as trade optimism boosts risk appetite+0.2%
• Oct 28, 2025AUD/USD steadies as RBA rate cut bets ease, Fed decision in focus+4.9%