Loading…
NZD/USD traded near 0.5540, extending its decline for a fourth session ahead of the US Producer Price Index release. Markets priced a high probability of a 25-basis-point Fed rate hike at the December meeting after strong US CPI data, and New Zealand's unemployment rate reached 5.7%, an 11-year high.
Expectations of Fed tightening keep the US dollar firm, which typically weighs on dollar-denominated commodity prices and can dampen export demand for feed ingredients. The effect on feed markets is indirect and modest.
tmgm-asia.comAkhtar FaruquiNov 13, 2026After 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.
