# Dollar seen under selling pressure on Democratic Party victory in U.S. midterms

> The Democratic Party won a majority in both houses of Congress in the November 3 US midterms, and the dollar is expected to face selling pressure against the yen. The projected trading range is 157.20 to 158.60 yen.

- Date: 2026-11-04 · published 2026-11-04T15:09:23.032Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/79926-dollar-seen-under-selling-pressure-on-democratic-party-victory-in-u-s-midterms
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Expected curbs on US fiscal spending and a narrowing US-Japan yield gap could weaken the dollar, which tends to support dollar-priced commodities.

## Read by commodity

- DXY: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-02 | [U.S. dollar to stay under pressure from tariff, debt and rate cut expectations](https://feedsoft.ai/events/23958-u-s-dollar-to-stay-under-pressure-from-tariff-debt-and-rate-cut-expectations.md) | +0.3% | +1.7% |
| DXY | 2026-01-29 | [Dollar Remains Under Pressure Despite Fed’s Hawkish Hold as Gold Surges Again \| Investing.com](https://feedsoft.ai/events/20960-dollar-remains-under-pressure-despite-fed-s-hawkish-hold-as-gold-surges-again.md) | +0.6% | +0.3% |
| DXY | 2025-08-28 | [US Dollar: China Allows Faster USD/CNY Gains as Selling Pressure Hits Greenback \| Investing.com](https://feedsoft.ai/events/23544-us-dollar-china-allows-faster-usd-cny-gains-as-selling-pressure-hits-greenback.md) | +0.0% | -0.2% |
| DXY | 2018-01-31 | [Dollar remains under pressure ahead of FOMC - BBH — Octa](https://feedsoft.ai/events/67167-dollar-remains-under-pressure-ahead-of-fomc-bbh-octa.md) | +0.4% | +1.2% |
| DXY | 2020-11-26 | [U.S. Dollar On Glide Path Lower as Fed Seen Eyeing Long-term Bond Yields](https://feedsoft.ai/events/50330-u-s-dollar-on-glide-path-lower-as-fed-seen-eyeing-long-term-bond-yields.md) | -1.2% | -1.5% |

## Sources

- en.kabutan.com: https://en.kabutan.com/jp/news/n202611041226

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