# Tokyo FX: Dollar-yen holds losses as dollar buys back after US midterm elections

> In Tokyo trading on November 4, the dollar-yen pair fell from 158.74 to 157.40 as the Republicans were expected to lose their majority in both US chambers. The dollar was then bought back as the election results became clearer, and the Nikkei 225 closed down 893 yen.

- Date: 2026-11-04 · published 2026-11-04T09:08:54.818Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/79487-tokyo-fx-dollar-yen-holds-losses-as-dollar-buys-back-after-us-midterm-elections
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

The dollar moves reflect political and rate expectations rather than a change in agricultural supply or demand, so feed buyers see little direct price effect.

## Read by commodity

- DXY: neutral
- USDJPY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-05-13 | [FOREX-Yen set to snap nine weeks of losses, dollar holds firm](https://feedsoft.ai/events/41626-forex-yen-set-to-snap-nine-weeks-of-losses-dollar-holds-firm.md) | -1.5% | -1.1% |
| DXY | 2021-03-10 | [Dollar claws back some losses as U.S. yields stabilise \| Reuters](https://feedsoft.ai/events/48317-dollar-claws-back-some-losses-as-u-s-yields-stabilise-reuters.md) | -0.8% | -0.7% |
| DXY | 2025-10-30 | [Dollar hands back some gains after Fed meeting; euro looks to ECB By Investing.com](https://feedsoft.ai/events/22616-dollar-hands-back-some-gains-after-fed-meeting-euro-looks-to-ecb-by-investing.md) | +1.1% | +0.4% |
| DXY | 2024-10-31 | [Dollar Consolidates, Yen Gains After BOJ Decision](https://feedsoft.ai/events/28112-dollar-consolidates-yen-gains-after-boj-decision.md) | +0.7% | +1.4% |
| DXY | 2021-06-25 | [Dollar steady after U.S. inflation data misses estimates](https://feedsoft.ai/events/46773-dollar-steady-after-u-s-inflation-data-misses-estimates.md) | +0.4% | +1.0% |

## Sources

- zaikei.co.jp: https://www.zaikei.co.jp/article/20261104/876161.html

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