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The US dollar index traded in a thin range near 101.6 to 101.9 ahead of US midterm elections, with prediction markets favouring a Democratic sweep. The Australian dollar lagged after the RBA hiked 25 basis points without signalling further action, while the Swiss franc firmed after a hotter-than-expected Swiss CPI print.
A possible Democratic sweep seen as dollar-negative could support dollar-priced commodities over time, but the effect on feed prices is modest in the near term.
newsquawk.comNov 3, 2026After 359 past neutral macro events, DXY moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
