# US Dollar Weakens: Breakdown of Euro, Pound, Yen and Gold Ahead of the Jobs Data | Investing.com

> Democrats appear to have taken control of the US House and are nearing a Senate majority, which pushed money into Treasuries and lowered yields. Trump said in a Financial Times interview that no strikes on the Middle East are planned soon, reducing dollar safe-haven demand. Job openings came in above forecast at 7.5 million.

- Date: 2026-11-04 · published 2026-11-04T09:08:18.864Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/79479-us-dollar-weakens-breakdown-of-euro-pound-yen-and-gold-ahead-of-the-jobs-data
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A weaker dollar on reduced geopolitical risk can support dollar-priced commodities, while strong labour data could reverse the move. Lower Middle East escalation risk also eases energy-driven feed cost pressure.

## Read by commodity

- DXY: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-07-29 | [US dollar breaking down, gold and the $A breaking up – what does it mean for investors? - Invest Blue](https://feedsoft.ai/events/52393-us-dollar-breaking-down-gold-and-the-a-breaking-up-what-does-it-mean-for.md) | +0.4% | -0.4% |
| DXY | 2023-11-21 | [Gold marches ahead to the beat of a weaker US dollar](https://feedsoft.ai/events/33074-gold-marches-ahead-to-the-beat-of-a-weaker-us-dollar.md) | -0.6% | -0.7% |
| DXY | 2017-07-16 | [FX Week Ahead: Is It 'End Of Days' For The Greenback? \| Investing.com UK](https://feedsoft.ai/events/70282-fx-week-ahead-is-it-end-of-days-for-the-greenback-investing-com-uk.md) | -0.6% | -0.8% |
| DXY | 2024-02-12 | [US Dollar: A Week of Disinflation Tests \| Investing.com UK](https://feedsoft.ai/events/31887-us-dollar-a-week-of-disinflation-tests-investing-com-uk.md) | +0.1% | -0.8% |
| DXY | 2026-01-28 | [CNA Explains: Why is the US dollar weakening - and how much did the yen really matter? - CNA](https://feedsoft.ai/events/21294-cna-explains-why-is-the-us-dollar-weakening-and-how-much-did-the-yen-really.md) | +0.4% | +0.3% |
| BRENT | 2024-09-06 | [Oil settles down 2%, big weekly drop after US jobs data](https://feedsoft.ai/events/12384-oil-settles-down-2-big-weekly-drop-after-us-jobs-data.md) | -0.9% | +5.5% |
| BRENT | 2021-07-21 | [RBI Intervention And Sharply Lower Oil Prices Halted The Rapid Rise In USD/INR \| Investing.com India](https://feedsoft.ai/events/46346-rbi-intervention-and-sharply-lower-oil-prices-halted-the-rapid-rise-in-usd-inr.md) | +7.2% | -0.7% |
| BRENT | 2022-08-22 | [Commodity prices down on rising dollar demand](https://feedsoft.ai/events/39941-commodity-prices-down-on-rising-dollar-demand.md) | +4.6% | -6.4% |

## Sources

- investing.com: https://www.investing.com/analysis/us-dollar-weakens-breakdown-of-euro-pound-yen-and-gold-ahead-of-the-jobs-data-200690811

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