# US Elections, Oil and Rates: What Awaits the US Dollar, Gold and the Pound | Investing.com

> Investing.com previews the US midterm elections, noting prediction markets favor a Democratic House and a roughly 70% chance of Senate control. It reports the dollar lost ground last week after Fed Chair Warsh signaled patience, cutting December hike odds to about 73%, and that reports of limited US strikes on Qeshm Island boosted safe-haven demand.

- Date: 2026-11-03 · published 2026-11-03T09:08:42.267Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/77360-us-elections-oil-and-rates-what-awaits-the-us-dollar-gold-and-the-pound
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Oil-driven geopolitical swings and shifts in Fed hike expectations feed into dollar and energy costs that affect feed ingredient pricing. The election-driven volatility is expected to be short-lived.

## Read by commodity

- DXY: neutral
- WTI: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | -1.5% | -1.3% |
| DXY | 2025-11-12 | [US Dollar: Consolidation Persists While Risk Assets Rally Across Global Markets \| Investing.com](https://feedsoft.ai/events/22169-us-dollar-consolidation-persists-while-risk-assets-rally-across-global-markets.md) | -0.1% | -0.5% |
| DXY | 2026-07-30 | [Dollar Slides After Fed Holds Rates Steady; BoE and BoJ Take Center Stage \| Investing.com](https://feedsoft.ai/events/18550-dollar-slides-after-fed-holds-rates-steady-boe-and-boj-take-center-stage.md) | -1.2% | -1.9% |
| DXY | 2024-07-10 | [Why the Fed cutting interest rates may weaken the U.S. dollar](https://feedsoft.ai/events/29459-why-the-fed-cutting-interest-rates-may-weaken-the-u-s-dollar.md) | -0.6% | +0.2% |
| DXY | 2020-03-03 | [Canadian dollar weakens as investors bet on Bank of Canada matching Fed rate cut - The Globe and Mail](https://feedsoft.ai/events/54361-canadian-dollar-weakens-as-investors-bet-on-bank-of-canada-matching-fed-rate.md) | +0.3% | +5.5% |
| WTI | 2022-08-29 | [Stocks And Bonds Sell Off, While The Dollar Rallies \| Investing.com](https://feedsoft.ai/events/40299-stocks-and-bonds-sell-off-while-the-dollar-rallies-investing-com.md) | -6.7% | -17.6% |
| WTI | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | -0.6% | +12.6% |
| WTI | 2025-11-12 | [US Dollar: Consolidation Persists While Risk Assets Rally Across Global Markets \| Investing.com](https://feedsoft.ai/events/22169-us-dollar-consolidation-persists-while-risk-assets-rally-across-global-markets.md) | +0.5% | -3.9% |

## Sources

- investing.com: https://www.investing.com/analysis/us-elections-oil-and-rates-what-awaits-the-us-dollar-gold-and-the-pound-200690737

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