# Asian FX rises as dollar slides on U.S. vote, kiwi leads gains; yuan steadies

> Asian currencies mostly strengthened as the dollar index fell 0.3% to 101.26 after Democrats won majorities in both chambers of Congress. The yuan steadied after Beijing intervened to slow its appreciation.

- Date: 2026-11-05 · published 2026-11-05T06:07:56.364Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/81149-asian-fx-rises-as-dollar-slides-on-u-s-vote-kiwi-leads-gains-yuan-steadies
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

A weaker dollar supports dollar-priced grain and oilseed demand from importers, while lower oil prices on the political outcome reduce energy and freight cost pressure on feed markets.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-09-30 | [Latam FX rise as dollar steadies; Mexican peso shines](https://feedsoft.ai/events/51308-latam-fx-rise-as-dollar-steadies-mexican-peso-shines.md) | -1.1% | -1.5% |
| DXY | 2021-06-01 | [Dollar steadies, yuan slips after central bank moves to limit gains \| Financial Post](https://feedsoft.ai/events/46819-dollar-steadies-yuan-slips-after-central-bank-moves-to-limit-gains-financial.md) | -0.2% | +1.1% |
| DXY | 2017-11-06 | [U.S. Dollar Slides Against Emerging Markets on Low Yields - WSJ](https://feedsoft.ai/events/68183-u-s-dollar-slides-against-emerging-markets-on-low-yields-wsj.md) | -0.1% | -1.3% |
| DXY | 2025-06-27 | [SK Won Rises as Dollar Slips](https://feedsoft.ai/events/24447-sk-won-rises-as-dollar-slips.md) | -0.3% | +0.3% |
| DXY | 2020-10-09 | [Dollar falls as likelihood of a Biden victory grows; yuan gains](https://feedsoft.ai/events/5558-dollar-falls-as-likelihood-of-a-biden-victory-grows-yuan-gains.md) | -0.3% | -1.9% |
| USDCNY | 2020-10-09 | [Dollar falls as likelihood of a Biden victory grows; yuan gains](https://feedsoft.ai/events/5558-dollar-falls-as-likelihood-of-a-biden-victory-grows-yuan-gains.md) | -1.4% | -2.7% |
| USDCNY | 2017-07-31 | [Emerging Asian currencies edge up as dollar sinks; yuan heads for third straight monthly gain](https://feedsoft.ai/events/70202-emerging-asian-currencies-edge-up-as-dollar-sinks-yuan-heads-for-third-straight.md) | -0.1% | -1.3% |
| USDCNY | 2026-03-13 | [Yuan Holds Up As Risk-Off Lifts The Dollar - Finimize](https://feedsoft.ai/events/11471-yuan-holds-up-as-risk-off-lifts-the-dollar-finimize.md) | +0.4% | -0.5% |

## Sources

- au.investing.com: https://au.investing.com/news/forex-news/asian-fx-rises-as-dollar-slides-on-us-vote-kiwi-leads-gains-yuan-steadies-4745195
- ph.investing.com: https://ph.investing.com/news/forex-news/asian-fx-rises-as-dollar-slides-on-us-vote-kiwi-leads-gains-yuan-steadies-2677046
- investing.com: https://www.investing.com/news/forex-news/asian-fx-rises-as-dollar-slips-on-us-vote-kiwi-leads-gains-yuan-steadies-in-asia-5002136

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