
The US dollar rose against all six major currencies between 6 and 13 November, with USD/JPY reaching 160.00 and EUR/USD falling to 1.1052, its lowest reference rate since April 2025. October US consumer prices rose 0.4% and core prices rose 0.3%, lifting Treasury yields.
The 2-year yield rose from 4.51% to 4.88%.
A stronger dollar makes US commodity exports more expensive for foreign buyers and tends to pressure dollar-denominated grain and meal prices. The weaker euro and yen also affect import costs for buyers in those currency zones.
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.