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The US dollar fell to five-week lows after the US midterm results, but the yen gained little and lagged most major peers. USD/JPY traded near 158.32 after an intraday low of 157.39.
A broad dollar sell-off usually supports commodity prices quoted in dollars, but the yen's weakness keeps Japanese import costs for feed high.
fxstreet.comVishal ChaturvediNov 4, 2026Not 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.
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.
