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The dollar weakened in New York as crude oil dropped sharply on reports that Trump wanted to assess diplomacy before resuming strikes on Iran. Dollar-yen held in the high 157 yen range, while the euro and pound rebounded and analysts expect a Bank of England rate hike this week.
Oil-led swings in the dollar change the cost of dollar-priced commodities for non-US buyers, and a possible Iran deal would ease energy-driven inflation pressure on central banks. Forecasts for a stronger dollar and euro weakness also matter for feed import costs in Europe.
finance.matsui.co.jpNov 3, 2026Not enough comparable past events yet for a historical read.
After 533 past bearish macro events, EURUSD moved a median -0.3% over 5 sessions (33% higher; middle half -1.2% to +0.2%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
After 565 past bearish macro events, WTI moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.
