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The dollar index hovered near a one-month low on Wednesday as early U.S. midterm results pointed to a Democratic victory. Safe-haven flows pulled the 10-year Treasury yield to around 4.9%, near eight-week lows.
The DXY was quoted at $101.39, down 0.34%, while EUR/USD and GBP/USD each rose about 0.3%.
Dollar weakness and lower yields tend to lift dollar-denominated commodity prices, while a hawkish Fed outlook limits downside for the dollar. Markets are now focused on the US jobs report, which will shape expectations for Fed policy.
capitalmarket.comNov 4, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
