# Asian currencies strengthen as dollar weakens after US vote; New Zealand dollar leads

> Most Asian currencies rose on Thursday as the US dollar fell after Democrats won control of both houses of Congress. The dollar index dropped 0.3% to 101.26, while the New Zealand dollar gained 0.6% and the yen rose 0.3%. The yuan was steady after Beijing intervened to slow its recent appreciation.

- Date: 2026-11-05 · published 2026-11-05T12:09:17.593Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/81645-asian-currencies-strengthen-as-dollar-weakens-after-us-vote-new-zealand-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A weaker dollar and firmer Asian currencies can lower the local-currency cost of US commodity imports, which supports demand for feed grains and soybean products in the region. Lower political uncertainty also reduces risk premiums, which can ease volatility in grain and oilseed markets.

## Read by commodity

- DXY: bearish ▼
- AUDUSD: bullish ▲
- USDCNY: neutral
- USDJPY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-03-20 | [Dollar weakens after Fed meeting, yen strengthens](https://feedsoft.ai/events/31389-dollar-weakens-after-fed-meeting-yen-strengthens.md) | +0.1% | +1.8% |
| DXY | 2025-11-26 | [South African rand strengthens as downbeat US data weakens dollar \| CNBC Africa](https://feedsoft.ai/events/22251-south-african-rand-strengthens-as-downbeat-us-data-weakens-dollar-cnbc-africa.md) | -0.7% | -1.8% |
| DXY | 2023-03-13 | [Thai baht climbs as Asian currencies gain on weak US dollar](https://feedsoft.ai/events/37133-thai-baht-climbs-as-asian-currencies-gain-on-weak-us-dollar.md) | +0.3% | -1.6% |
| DXY | 2022-09-12 | [Latam currencies rally as dollar weakens ahead of U.S. inflation data](https://feedsoft.ai/events/39788-latam-currencies-rally-as-dollar-weakens-ahead-of-u-s-inflation-data.md) | +0.9% | +2.8% |
| DXY | 2018-02-28 | [Japanese yen may strengthen as dollar weakens: Morgan Stanley and ING](https://feedsoft.ai/events/66740-japanese-yen-may-strengthen-as-dollar-weakens-morgan-stanley-and-ing.md) | -0.1% | -0.5% |
| USDCNY | 2018-02-09 | [China says yuan no longer a one-way bet as currency slides against US dollar \| South China Morning Post](https://feedsoft.ai/events/66717-china-says-yuan-no-longer-a-one-way-bet-as-currency-slides-against-us-dollar.md) | +0.3% | +0.1% |
| USDCNY | 2018-11-14 | [US-China trade war: Tariffs spur record dollar-yuan currency trading](https://feedsoft.ai/events/62265-us-china-trade-war-tariffs-spur-record-dollar-yuan-currency-trading.md) | -0.1% | -1.1% |
| USDCNY | 2024-03-25 | [Yen steady after intervention warning, dollar dips](https://feedsoft.ai/events/31444-yen-steady-after-intervention-warning-dollar-dips.md) | -0.1% | +0.2% |

## Sources

- th.investing.com: https://th.investing.com/news/forex-news/article-823971

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