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The dollar index rose 0.07% to 101.83 in New York on November 3, while the yen fell 0.47% to 158.66 per dollar. Investors weighed the US midterm election results and uncertain US-Iran talks, while the People's Bank of China raised the FX reserve requirement ratio and the RBA hiked rates.
The offshore yuan fell 0.35% to 6.67 per dollar, its largest rise against the dollar since May 15.
A firmer dollar and weaker yuan raise the cost of US and other dollar-priced feed commodities for Asian buyers. The effect is mainly through currency and policy, and the Iran talks also affect crude oil and freight costs.
kbmaeil.comNov 4, 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.
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.
