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USD/JPY recovered to about 158.15 after bouncing from session lows near 157.39 on Wednesday. The US dollar had fallen broadly after reports that Democrats won control of the House and Senate in the US midterm elections.
A weaker dollar on expectations of tighter AI regulation and a shift in Washington politics is a macro move with little direct effect on feed grain or protein supply, so the price read-through for feed ingredients is limited.
fxstreet.comGuillermo AlcalaNov 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.
Not enough comparable past events yet for a historical read.
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.
