# Dollar surges most since Brexit after Trump election surprise (VIDEO) | Malay Mail

> The dollar posted its biggest gain since the Brexit vote after Donald Trump's election victory, rallying against most major peers and emerging-market currencies. The Fed December rate-hike probability jumped above 80 percent after falling below 50 percent on election results.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8180-dollar-surges-most-since-brexit-after-trump-election-surprise-video-malay-mail
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A sharp dollar rally and higher expected Fed rates raise import costs for emerging-market feed buyers and push down dollar-denominated commodity prices. Currency weakness against the dollar can also dampen import demand.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2016-11-09 | 1 | +1.2% | 3.9 | Reports the dollar's biggest one-day gain since Brexit on Trump's win, driven by a jump in Fed December hike odds, which directly explains the 1.23% broad USD move on 2016-11-09. |
| EURUSD | 2016-11-14 | 5 | -3.6% | -3.3 | Trump's election win on Nov 9 triggered the biggest dollar gain since Brexit and lifted Fed hike odds, starting the euro's slide within the 5-day window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-07-31 | [Dollar's surprise rebound stymies anti-Trump trades](https://feedsoft.ai/events/23951-dollar-s-surprise-rebound-stymies-anti-trump-trades.md) | -0.7% | -0.6% |
| DXY | 2024-10-28 | [Ahead of US election, ringgit closes lower against US dollar amid cautious sentiment \| Malay Mail](https://feedsoft.ai/events/28137-ahead-of-us-election-ringgit-closes-lower-against-us-dollar-amid-cautious.md) | +0.2% | +1.9% |
| DXY | 2024-02-13 | [US dollar rises to three-month high after inflation data, surges past 150 yen](https://feedsoft.ai/events/31870-us-dollar-rises-to-three-month-high-after-inflation-data-surges-past-150-yen.md) | +0.1% | -0.6% |
| DXY | 2017-02-09 | [U.S. dollar, bond yields rise after Trump promises tax plan](https://feedsoft.ai/events/72685-u-s-dollar-bond-yields-rise-after-trump-promises-tax-plan.md) | +0.1% | +0.7% |
| DXY | 2022-04-29 | [Dollar surge leaves trail of destruction](https://feedsoft.ai/events/7373-dollar-surge-leaves-trail-of-destruction.md) | -0.1% | -1.1% |
| EURUSD | 2016-06-24 | [Surprise Brexit vote unleashes scramble for dollars](https://feedsoft.ai/events/6956-surprise-brexit-vote-unleashes-scramble-for-dollars.md) | -3.0% | -3.6% |
| EURUSD | 2024-11-06 | [Dollar soars, euro tumbles as Trump wins US presidential election](https://feedsoft.ai/events/5806-dollar-soars-euro-tumbles-as-trump-wins-us-presidential-election.md) | -3.2% | -3.2% |
| EURUSD | 2026-10-26 | [Euro falls against dollar; Brazilian real tumbles after Lula election win](https://feedsoft.ai/events/17282-euro-falls-against-dollar-brazilian-real-tumbles-after-lula-election-win.md) | -0.3% | — |

## Sources

- malaymail.com: https://www.malaymail.com/news/money/2016/11/10/dollar-surges-most-since-brexit-after-trump-election-surprise-video/1246591

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