# Dollar falls abroad ahead of US midterm elections; euro rises

> The DXY dollar index fell 0.19% to 101.68, its lowest in a month, ahead of US midterm elections and central bank decisions in several countries. Brent futures fell more than 4% on growing hopes for a diplomatic solution to the US-Iran conflict.

- Date: 2026-11-02 · published 2026-11-02T21:10:44.791Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/75891-dollar-falls-abroad-ahead-of-us-midterm-elections-euro-rises
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A softer dollar supports dollar-denominated commodity prices, while lower oil reduces biofuel and freight cost support for oilseed and feed markets.

## Read by commodity

- DXY: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-03-16 | [Euro rises, dollar falls after ECB rate decision](https://feedsoft.ai/events/10083-euro-rises-dollar-falls-after-ecb-rate-decision.md) | -1.2% | -2.5% |
| DXY | 2025-03-04 | [Euro gains after German debt reform; US dollar falls](https://feedsoft.ai/events/5800-euro-gains-after-german-debt-reform-us-dollar-falls.md) | -1.2% | -0.8% |
| DXY | 2025-05-01 | [Dollar falls broadly ahead of US data, tariff uncertainty](https://feedsoft.ai/events/25322-dollar-falls-broadly-ahead-of-us-data-tariff-uncertainty.md) | -0.4% | -0.8% |
| DXY | 2026-01-01 | [Dollar falls versus yen after smaller-than-expected rise in US inflation, euro eases](https://feedsoft.ai/events/21690-dollar-falls-versus-yen-after-smaller-than-expected-rise-in-us-inflation-euro.md) | +0.3% | -1.5% |
| DXY | 2020-11-26 | [Euro rises to near 3-month high as US dollar falls - The Business Times](https://feedsoft.ai/events/50370-euro-rises-to-near-3-month-high-as-us-dollar-falls-the-business-times.md) | -1.2% | -1.5% |
| BRENT | 2020-12-07 | [Ringgit falls against US dollar on lack of demand, lower Fitch downgrade \| Malaysia now](https://feedsoft.ai/events/49924-ringgit-falls-against-us-dollar-on-lack-of-demand-lower-fitch-downgrade.md) | +1.7% | +8.6% |
| BRENT | 2026-06-19 | [Euro steadies as the US Dollar eases, but hawkish Fed bets limit upside](https://feedsoft.ai/events/11518-euro-steadies-as-the-us-dollar-eases-but-hawkish-fed-bets-limit-upside.md) | -6.4% | +3.9% |
| BRENT | 2019-09-19 | [Ringgit at 4.15 to US dollar at end of 2019, says MIDF Research \| Malay Mail](https://feedsoft.ai/events/57344-ringgit-at-4-15-to-us-dollar-at-end-of-2019-says-midf-research-malay-mail.md) | -2.4% | -7.2% |

## Sources

- valor.globo.com: https://valor.globo.com/financas/noticia/2026/11/02/dlar-recua-no-exterior-antes-das-eleies-de-meio-de-mandato-nos-eua-euro-sobe.ghtml

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