The dollar index slipped 0.06% to 101.41 on November 5 after a 0.36% fall the previous session. Democrats won clear majorities in both the Senate and House, which eased political uncertainty and concern over a prolonged Iran conflict.
The yen gained 0.08% to 158.25 per dollar, and US Treasuries and equities also rose.
A weaker dollar and easing Iran-related risk reduce pressure on dollar-priced commodities and energy inputs. The move is small, so the effect on feed prices is limited.
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.