# Dollar index lingers around one-month low; focus remains glued to the closely watched US monthly employment

> 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%.

- Date: 2026-11-04 · published 2026-11-04T06:08:03.808Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/79185-dollar-index-lingers-around-one-month-low-focus-remains-glued-to-the-closely
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-11-30 | [US dollar gains but set for worst monthly loss in a year, euro falls](https://feedsoft.ai/events/33379-us-dollar-gains-but-set-for-worst-monthly-loss-in-a-year-euro-falls.md) | +0.6% | -1.2% |
| DXY | 2023-11-28 | [US dollar skids to 3-1/2-month low, headed for biggest monthly drop in a year](https://feedsoft.ai/events/33361-us-dollar-skids-to-3-1-2-month-low-headed-for-biggest-monthly-drop-in-a-year.md) | +0.2% | -1.1% |
| DXY | 2017-06-29 | [Pound-Dollar exchange rate: Sterling hits one-month high after Mark Carney hints at UK interest rate rise \| The Independent \| The Independent](https://feedsoft.ai/events/70749-pound-dollar-exchange-rate-sterling-hits-one-month-high-after-mark-carney-hints.md) | +0.3% | -1.7% |
| DXY | 2023-11-15 | [Ringgit Gains Ground As US Dollar Weakens On Lower-Than-Expected CPI Data](https://feedsoft.ai/events/33435-ringgit-gains-ground-as-us-dollar-weakens-on-lower-than-expected-cpi-data.md) | -0.9% | -0.2% |
| DXY | 2025-06-27 | [Dollar hovers near 3-1/2-year low with market focus on US rate cuts, euro area inflation](https://feedsoft.ai/events/24439-dollar-hovers-near-3-1-2-year-low-with-market-focus-on-us-rate-cuts-euro-area.md) | -0.3% | +0.3% |

## Sources

- capitalmarket.com: https://www.capitalmarket.com/markets/news/currency-news/dollar-index-lingers-around-one-month-low;-focus-remains-glued-to-the-closely-watched-us-monthly-employment/1744235
- capitalmarket.com: https://www.capitalmarket.com/markets/news/live-news/dollar-index-lingers-around-one-month-low;-focus-remains-glued-to-the-closely-watched-us-monthly-employment/1744235

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