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Bloomberg's dollar index fell 0.4% on Wednesday, its largest drop since September 3, after Democrats won control of both chambers of Congress. Traders are weighing possible gridlock and slower AI-related spending, which could reduce US growth exceptionalism in 2027.
A weaker dollar lowers the local-currency cost of dollar-priced feed imports, but analysts see no significant sell-off given Fed policy, so the impact on commodity prices should be modest.
moneyweb.co.zaMelos Ambaye, Anya Andrianova, Vassilis Karamanis, BloombergNov 5, 2026After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% 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.
