# Dollar subdued as U.S. midterms get underway; Aussie Hits 2-week low

> The US dollar traded on the defensive as voters went to the polls in the US midterm elections, with the Dollar Index down 0.12% to 101.69. The Australian dollar slid to a near two-week low after the Reserve Bank of Australia delivered a divided 25 basis point rate hike.

- Date: 2026-11-03 · published 2026-11-03T12:07:56.527Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/77522-dollar-subdued-as-u-s-midterms-get-underway-aussie-hits-2-week-low
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A firmer Australian dollar and a softer greenback shift the cost of US-priced commodities for Australian and other non-US buyers. Election outcomes could shape US fiscal and tariff policy, which affects trade flows in feed grains.

## Read by commodity

- DXY: neutral
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-07-19 | [Dollar and gold falters as Trump hits fed, stocks drop: markets wrap - MINING.COM](https://feedsoft.ai/events/63947-dollar-and-gold-falters-as-trump-hits-fed-stocks-drop-markets-wrap-mining-com.md) | -0.4% | +1.6% |
| DXY | 2020-04-22 | [Forecasts for the loonie and U.S. dollar](https://feedsoft.ai/events/53870-forecasts-for-the-loonie-and-u-s-dollar.md) | -0.4% | -1.1% |
| DXY | 2021-02-23 | [Dollar bounces off six-week low as traders prepare for Powell - Markets - Business Recorder](https://feedsoft.ai/events/10598-dollar-bounces-off-six-week-low-as-traders-prepare-for-powell-markets-business.md) | +0.5% | +1.0% |
| DXY | 2018-01-30 | [Multiple fault lines for the Aussie dollar](https://feedsoft.ai/events/67228-multiple-fault-lines-for-the-aussie-dollar.md) | +0.2% | +1.0% |
| DXY | 2024-08-29 | [Dollar eases after hitting highest in two weeks, US job data looms \| Reuters](https://feedsoft.ai/events/29010-dollar-eases-after-hitting-highest-in-two-weeks-us-job-data-looms-reuters.md) | +0.5% | -0.7% |

## Sources

- finance.yahoo.com: https://finance.yahoo.com/markets/currencies/articles/asian-currencies-mixed-yuan-slides-044909228.html
- finance.yahoo.com: https://finance.yahoo.com/markets/currencies/articles/asian-currencies-mixed-yuan-slides-044909228.html?.tsrc=rss

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