# USD trades near a one-month low, experts pessimistic about prospects.

> The US dollar traded near its one-month low as Brent fell about 1% to $103.60 and WTI to $96.09 on November 3, their lowest closes in weeks. Investors were also awaiting the US midterm results and several central bank decisions, including an RBA hike. Strategists expect the dollar to weaken in the coming months.

- Date: 2026-11-04 · published 2026-11-04T03:10:26.191Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/79044-usd-trades-near-a-one-month-low-experts-pessimistic-about-prospects
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar generally supports dollar-denominated commodity prices and eases import costs for emerging-market feed buyers. Lower oil also reduces inflation pressure on central banks, which can further weigh on the dollar.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-06-27 | [USD/MXN extends losses and nears the 11-month low, at 18.82](https://feedsoft.ai/events/24442-usd-mxn-extends-losses-and-nears-the-11-month-low-at-18-82.md) | -0.3% | +0.3% |
| DXY | 2023-01-26 | [Euro hits fresh nine-month highs on ECB prospects](https://feedsoft.ai/events/38000-euro-hits-fresh-nine-month-highs-on-ecb-prospects.md) | -0.3% | +1.8% |
| DXY | 2016-06-08 | [Wheat prices add over two percent as dollar plumbs one-month low](https://feedsoft.ai/events/9126-wheat-prices-add-over-two-percent-as-dollar-plumbs-one-month-low.md) | +1.0% | +1.5% |
| DXY | 2019-01-29 | [USD/MXN sideways around 19.00, still near 3-month lows — Octa](https://feedsoft.ai/events/61300-usd-mxn-sideways-around-19-00-still-near-3-month-lows-octa.md) | -0.2% | -0.0% |
| DXY | 2023-12-01 | [Dollar eases as traders weigh rate cut prospects \| Malay Mail](https://feedsoft.ai/events/32931-dollar-eases-as-traders-weigh-rate-cut-prospects-malay-mail.md) | +0.3% | -1.5% |

## Sources

- vietnam.vn: https://www.vietnam.vn/en/usd-giao-dich-sat-day-1-thang-chuyen-gia-bi-quan-ve-trien-vong

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