
The dollar index rose 0.15% to 103.02, its highest since April 2025, after stronger-than-expected October inflation and hawkish Fed remarks. Major brokerages including Goldman Sachs now expect a further hike early next year after a December increase.
The yen moved toward the 160-per-dollar level.
A firmer dollar lowers the local-currency cost of US commodity imports and can weigh on US export competitiveness and dollar-quoted grain and meal prices. Weaker yen and other currencies also affect Asian feed buyers' purchasing power.
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.
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.