# Dollar skids as Democrats capture House and Senate

> The dollar fell on its way to its biggest daily percentage drop in three weeks after Democrats took both the Senate and House. The dollar index fell 0.32% to 101.51, and the euro rose to 1.1236. Markets still priced an 82.6% chance of a Federal Reserve rate increase in December.

- Date: 2026-11-05 · published 2026-11-05T06:07:29.942Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/81140-dollar-skids-as-democrats-capture-house-and-senate
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The weaker dollar and the removal of political uncertainty support dollar-denominated commodity prices. Buyers may see a small easing of import costs, though Fed hike expectations limit the move.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-07-18 | [Dollar retreats as rate hike bets ease](https://feedsoft.ai/events/40684-dollar-retreats-as-rate-hike-bets-ease.md) | -0.8% | -2.0% |
| DXY | 2024-08-05 | [Dollar down as US rate cut bets rise, yen surges](https://feedsoft.ai/events/7431-dollar-down-as-us-rate-cut-bets-rise-yen-surges.md) | -0.4% | -0.9% |
| DXY | 2019-08-02 | [Dollar weakens as September rate cut bets mount](https://feedsoft.ai/events/57761-dollar-weakens-as-september-rate-cut-bets-mount.md) | +0.4% | +1.7% |
| DXY | 2023-12-13 | [Dollar drops as Fed signals coming rate cuts](https://feedsoft.ai/events/8296-dollar-drops-as-fed-signals-coming-rate-cuts.md) | -1.0% | -0.7% |
| DXY | 2025-09-30 | [Aussie dollar strengthens as RBA holds rates and signals cautious easing path - OFX](https://feedsoft.ai/events/23136-aussie-dollar-strengthens-as-rba-holds-rates-and-signals-cautious-easing-path.md) | +0.1% | +0.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40447432

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