# The dollar wavers over Middle East tensions and US midterms; the Australian dollar and yuan retreat

> The dollar eased on Tuesday as investors weighed US-Iran tensions and the US midterm elections, with the euro up 0.14% to 1.1201 and the pound up 0.1% to 1.3421. The Australian dollar and yuan came under pressure after domestic policy decisions, and an Iranian official told Reuters that Iran and the US were still in contact.

- Date: 2026-11-03 · published 2026-11-03T12:10:29.363Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/77570-the-dollar-wavers-over-middle-east-tensions-and-us-midterms-the-australian
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar tends to support dollar-priced commodities such as grains and oilseeds, and it can ease import costs for buyers. Oil moves tied to Gulf diplomacy and midterm uncertainty could also feed through to feed costs.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-02-11 | [Euro and yuan global ambitions hasten the dollar drop \| Reuters](https://feedsoft.ai/events/20808-euro-and-yuan-global-ambitions-hasten-the-dollar-drop-reuters.md) | +0.3% | +1.5% |
| DXY | 2019-10-20 | [Australian Dollar opens at 4-week highs against the U.S Dollar - OFX](https://feedsoft.ai/events/56830-australian-dollar-opens-at-4-week-highs-against-the-u-s-dollar-ofx.md) | -0.0% | +0.2% |
| DXY | 2026-07-31 | [Australian Dollar gathers strength above 0.7000 amid softer US GDP data](https://feedsoft.ai/events/18595-australian-dollar-gathers-strength-above-0-7000-amid-softer-us-gdp-data.md) | -0.1% | -1.1% |
| DXY | 2026-02-23 | [Dollar weakens as US tariffs struck down, Iran tensions rise \| Reuters](https://feedsoft.ai/events/20830-dollar-weakens-as-us-tariffs-struck-down-iran-tensions-rise-reuters.md) | -0.1% | +1.9% |
| DXY | 2019-04-29 | [Goldman turns nonsensical on the Australian dollar - MacroBusiness](https://feedsoft.ai/events/59835-goldman-turns-nonsensical-on-the-australian-dollar-macrobusiness.md) | -0.2% | +0.5% |

## Sources

- es.marketscreener.com: https://es.marketscreener.com/noticias/el-d-lar-titubea-por-la-tensi-n-en-oriente-pr-ximo-y-las-legislativas-en-ee-uu-el-d-lar-australia-ce785fd9de80f623

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