Loading…
The euro rose to $1.124, its strongest level since early October, as investors sold the dollar after Democrats took both chambers of Congress in the midterm elections. ECB officials also signaled that further rate increases may be needed to contain inflation.
A weaker dollar tends to support US commodity prices in dollar terms for non-US buyers, while hawkish ECB signals reinforce the euro's strength.
tradingview.comNov 4, 2026After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
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.
