How US Midterm Election results could affect crude oil and the Rupee

Not enough comparable past events yet for a historical read.

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.

• Jan 30, 2026Why the US dollar hit a four-year low and could fall further+0.9%
• Jan 1, 2023Why Indian rupee could remain rangebound in short term-1.0%
• Jan 28, 2026CNA Explains: Why is the US dollar weakening - and how much did the yen really matter? - CNA+0.4%
• Jan 28, 2026Why the Rand Hit R16.00 and What Could Keep it There+0.4%
• Nov 9, 2016Pound sterling value: What happens now Donald Trump has won the US election? | The Independent | The Independent+3.1%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• May 1, 2026The UAE dumping OPEC may not affect crude as anticipated | Reuters-9.6%
• May 11, 2020The oil crash couldn’t have come at a better time for India’s rupee+19.0%
• Nov 6, 2024Metals sell off after US election Trump win while oil, agriculture recoup some losses | Reuters-5.3%
• Mar 10, 2020Fear in the Market Drives Dow and Crude Oil Lower, Drags Ag Markets Along | Hoosier Ag Today-7.1%
• Jul 5, 2022Oil could plummet to the $60s if a recession hits, Citi speculates-3.9%