# US Dollar Index (DXY) pares losses as the dust from the US midterm elections settles

> The US Dollar Index traded near 101.50 on Thursday after bouncing from lows around 101.20, reversing earlier losses as attention moved from the midterm results to data. The ADP report showed 86K private jobs added in October, above the 69K expected, and the ISM Services PMI eased to 54.5 while staying in expansion territory.

- Date: 2026-11-05 · published 2026-11-05T15:08:11.217Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/81918-us-dollar-index-dxy-pares-losses-as-the-dust-from-the-us-midterm-elections
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger US data and expectations of another Fed hike in December support the dollar, which weighs on dollar-denominated grain and oilseed prices and makes imports pricier for buyers in other currencies. The recent fall in oil prices is a partial offset.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-11-02 | [Dollar index pares losses after US nonfarm payrolls data](https://feedsoft.ai/events/62281-dollar-index-pares-losses-after-us-nonfarm-payrolls-data.md) | -0.2% | +0.0% |
| DXY | 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) | +1.9% | +1.5% |
| DXY | 2026-06-19 | [EUR/USD Loses Ground as Market Sentiment Favours the US Dollar \| Investing.com](https://feedsoft.ai/events/11516-eur-usd-loses-ground-as-market-sentiment-favours-the-us-dollar-investing-com.md) | +0.4% | +0.1% |
| DXY | 2024-05-23 | [USD: Fed minutes boost the dollar \| IG International](https://feedsoft.ai/events/30147-usd-fed-minutes-boost-the-dollar-ig-international.md) | +0.3% | +2.1% |
| DXY | 2026-02-24 | [US Dollar Firms as Fed Minutes Temper Rate-Cut Expectations \| Investing.com](https://feedsoft.ai/events/20509-us-dollar-firms-as-fed-minutes-temper-rate-cut-expectations-investing-com.md) | +0.6% | +1.7% |

## Sources

- mitrade.com: https://www.mitrade.com/au/insights/news/live-news/article-4-2232569-20261105

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