# Election-inspired Dollar setback may be buying opportunity ahead of Friday's employment report

> The dollar stayed broadly lower after the US election results, while tech shares recovered from an initial sell-off. The euro traded near $1.1265 and the ADP, ISM services and other data were due ahead of Friday's payrolls report. Several Fed officials were expected to back a rate hike next month.

- Date: 2026-11-04 · published 2026-11-05T06:07:30.226Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/81142-election-inspired-dollar-setback-may-be-buying-opportunity-ahead-of-friday-s
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger US data and Fed hike expectations could support the dollar and pressure dollar-priced commodities. The outcome of Friday's jobs report will determine the near-term direction.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-31 | [Dollar Flat Ahead of FOMC Decision, US Payrolls Report](https://feedsoft.ai/events/32401-dollar-flat-ahead-of-fomc-decision-us-payrolls-report.md) | +0.3% | +0.4% |
| DXY | 2021-09-09 | [Euro inches higher ahead of ECB decision on bond buying - Markets - Business Recorder](https://feedsoft.ai/events/45271-euro-inches-higher-ahead-of-ecb-decision-on-bond-buying-markets-business.md) | -0.2% | +1.3% |
| DXY | 2018-09-25 | [Dollar slips ahead of widely expected Fed rate hike](https://feedsoft.ai/events/63243-dollar-slips-ahead-of-widely-expected-fed-rate-hike.md) | +0.3% | +1.4% |
| DXY | 2023-09-21 | [Dollar eases after Fed-spurred rise, yen stronger ahead of BOJ](https://feedsoft.ai/events/34309-dollar-eases-after-fed-spurred-rise-yen-stronger-ahead-of-boj.md) | +1.7% | +2.3% |
| DXY | 2018-06-13 | [US Dollar on Cusp of Renewed Downtrend as Faster-Fed Fails to Inspire the Market](https://feedsoft.ai/events/64711-us-dollar-on-cusp-of-renewed-downtrend-as-faster-fed-fails-to-inspire-the-market.md) | +1.3% | +0.6% |

## Sources

- fxstreet.com: https://www.fxstreet.com/analysis/election-inspired-dollar-setback-may-be-buying-opportunity-ahead-of-fridays-employment-report-202611041216

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