# Dollar slips ahead of midterm vote; sterling up on Brexit deal report - MarketWatch

> The dollar index slipped 0.2% to 96.311 ahead of US midterm elections and a Federal Reserve policy meeting. Sterling rose on reports of a Brexit deal, and sanctions against Iran took effect that Monday.

- Date: 2018-11-05 · published 2018-11-05T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/62303-dollar-slips-ahead-of-midterm-vote-sterling-up-on-brexit-deal-report-marketwatch
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A softer dollar supports dollar-priced commodities, but the move was small and reflected event positioning rather than a fundamental shift in feed supply or demand.

## Read by commodity

- DXY: bearish ▼
- GBPUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-11-18 | [Sterling pushed up by weaker US dollar, hopes of Brexit deal \| Malay Mail](https://feedsoft.ai/events/50423-sterling-pushed-up-by-weaker-us-dollar-hopes-of-brexit-deal-malay-mail.md) | -0.2% | -2.2% |
| DXY | 2024-01-11 | [Sterling gains vs dollar ahead of US inflation data](https://feedsoft.ai/events/32373-sterling-gains-vs-dollar-ahead-of-us-inflation-data.md) | +0.9% | +1.1% |
| DXY | 2025-11-12 | [EUR/USD extends winning streak as Dollar slips ahead of key US House vote](https://feedsoft.ai/events/22156-eur-usd-extends-winning-streak-as-dollar-slips-ahead-of-key-us-house-vote.md) | -0.1% | -0.5% |
| DXY | 2019-10-18 | [Dollar weak as Brexit deal boosts euro; sterling in check](https://feedsoft.ai/events/56788-dollar-weak-as-brexit-deal-boosts-euro-sterling-in-check.md) | -0.1% | +0.2% |
| DXY | 2018-01-04 | [Why a weak dollar may be a sign of long-term pessimism - MarketWatch](https://feedsoft.ai/events/67168-why-a-weak-dollar-may-be-a-sign-of-long-term-pessimism-marketwatch.md) | -0.0% | -2.9% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/brexit-deal-talk-sends-pound-climbing-against-dollar-2018-11-05

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.