
The US Dollar Index fell to a one-month low near 101.40 on Monday before recovering to hold above 101.70 on Tuesday, 3 November. Markets remained cautious ahead of US midterm elections and September factory orders and JOLTS job openings data.
A softer dollar tends to support dollar-priced commodities such as grains and oilseeds by making them cheaper for non-US buyers, while the currency moves are modest and largely offset within the session.
After 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.
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.