
The US dollar index gained toward yearly highs after weekly jobless claims rose to 200,000 against a 195,000 forecast, while October existing home sales fell 5.5% month-over-month. EUR/USD pulled back toward 1.1050 and USD/JPY kept testing 160.00.
Dollar strength makes dollar-priced grain and oilseed exports less competitive and can weigh on US commodity prices, while a weaker euro and yen reduce importer purchasing power for feed ingredients.
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.
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.