# U.S. forex market summary: Dollar softens to 158.10 yen range amid falling U.S. interest rates

> 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.

- Date: 2026-11-05 · published 2026-11-05T06:08:22.565Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/81161-u-s-forex-market-summary-dollar-softens-to-158-10-yen-range-amid-falling-u-s
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- WTI: bearish ▼
- USDJPY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-09-21 | [Oil prices slide 1% after U.S. Fed raises interest rates](https://feedsoft.ai/events/39490-oil-prices-slide-1-after-u-s-fed-raises-interest-rates.md) | -6.9% | -1.7% |
| WTI | 2022-12-15 | [Oil prices slid 2% as dollar firms and central banks hike interest rates](https://feedsoft.ai/events/38152-oil-prices-slid-2-as-dollar-firms-and-central-banks-hike-interest-rates.md) | +1.3% | +3.5% |
| WTI | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -7.0% | -7.1% |
| WTI | 2025-11-19 | [Dollar rises in the Brazilian market following international movement \| Brasil 247](https://feedsoft.ai/events/22163-dollar-rises-in-the-brazilian-market-following-international-movement-brasil-247.md) | -5.1% | -8.5% |
| WTI | 2026-06-24 | [U.S. dollar rises to 13-month high on Fed rate hike views](https://feedsoft.ai/events/11992-u-s-dollar-rises-to-13-month-high-on-fed-rate-hike-views.md) | -5.3% | +15.5% |

## Sources

- en.kabutan.com: https://en.kabutan.com/jp/news/n202611050398

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