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The US dollar fell to 54.67 buy and 54.77 sell against the Egyptian pound, below 55 for the first time since October 22. The dollar index dropped 0.58% to about 101.14 after Democrats swept Congress in the midterm elections.
The dollar remains about 4.5% above its early-October level.
A firmer pound against the dollar lowers the local-currency cost of imported feed ingredients for Egypt, though the dollar's broader weakness also supports dollar-priced commodities.
sa.investing.comسارة العتيبيNov 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.
