
The US dollar weakened against major currencies early on November 4 as markets assessed the midterm election outcome. The Eurozone released preliminary October inflation data, and US ADP employment and ISM Services PMI data were due later in the day.
Dollar weakness after the midterms can ease pressure on import-dependent feed buyers' local-currency costs. The move is small and the outlook depends on the upcoming US data.
After 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.