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In New York trading on November 4, the dollar fell about 25 sen to around 158.43 yen, and the euro rose to about 177.90 yen. The Democrats won majorities in both houses of Congress in the November 3 midterms, and Trump signaled willingness to cooperate.
Long-term Treasury yields fell, and falling crude futures on Iran war hopes also weighed on the dollar.
Lower US yields and crude prices weaken the dollar, which tends to support dollar-priced commodity imports for Japan and Asia. The move is small and mostly reflects currency and rate flows rather than feed supply.
en.kabutan.comNov 5, 2026Not enough comparable past events yet for a historical read.
After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% 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.
