# Dollar in defensive position: 3 reasons behind the volatility

> The dollar is moving on Middle East developments, the US midterm elections, and expectations for the Fed's policy path. Signs of US-Iran diplomatic progress lowered oil prices and reduced safe-haven demand. Investors are also awaiting the US employment report.

- Date: 2026-11-03 · published 2026-11-03T06:10:30.612Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/77108-dollar-in-defensive-position-3-reasons-behind-the-volatility
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of Fed tightening and lower energy prices shape the dollar's direction, which feeds into the cost of dollar-priced grain and feed imports. The move is a general macro backdrop, not a single shock.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-08-26 | [fed: Dollar volatile after Fed's Powell comments on inflation - The Economic Times](https://feedsoft.ai/events/39943-fed-dollar-volatile-after-fed-s-powell-comments-on-inflation-the-economic-times.md) | +1.1% | +3.4% |
| DXY | 2017-01-31 | [Potential US Dollar Reactions to FOMC Decision](https://feedsoft.ai/events/73151-potential-us-dollar-reactions-to-fomc-decision.md) | -0.6% | -0.6% |
| DXY | 2021-12-01 | [Dollar falls; yen and Swiss franc gain in post-Omicron gyrations \| The Business Standard](https://feedsoft.ai/events/43837-dollar-falls-yen-and-swiss-franc-gain-in-post-omicron-gyrations-the-business.md) | -0.3% | -0.7% |
| DXY | 2023-04-13 | [BIS - The Changing Nexus Between Commodity Prices And The Dollar: Causes And Implications](https://feedsoft.ai/events/36298-bis-the-changing-nexus-between-commodity-prices-and-the-dollar-causes-and.md) | +0.3% | -0.4% |
| DXY | 2023-02-22 | [Watch the dollar for de-globalisation](https://feedsoft.ai/events/37523-watch-the-dollar-for-de-globalisation.md) | +0.6% | +0.2% |

## Sources

- cnbce.com: https://www.cnbce.com/doviz/dolar-savunma-pozisyonunda-dalgalanmanin-arkasindaki-3-neden-h40867

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