# US Dollar: Safe haven support as AI stocks slide – MUFG

> MUFG’s Lee Hardman said the dollar recovered its initial post-election losses as the sell-off in AI-related equities supported safe-haven demand. He noted that a reversal in energy-price support and foreign demand for US assets could weaken the dollar, while tighter financial conditions could reduce the chance of a December Fed hike.

- Date: 2026-11-06 · published 2026-11-06T09:09:10.536Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/83661-us-dollar-safe-haven-support-as-ai-stocks-slide-mufg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Dollar strength can add pressure to dollar-denominated feed commodity prices, while a potential reversal in the factors supporting the currency would ease that pressure. The comments describe market risks, not a new change in commodity supply or demand.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-27 | [Won plummets as investors flock to safe-haven dollar](https://feedsoft.ai/events/34360-won-plummets-as-investors-flock-to-safe-haven-dollar.md) | +1.1% | +1.1% |
| DXY | 2026-06-29 | [US Dollar: Supported with elevated real yields – MUFG](https://feedsoft.ai/events/19014-us-dollar-supported-with-elevated-real-yields-mufg.md) | -0.0% | -0.1% |
| DXY | 2016-11-30 | [USD JPY breaks out to new highs as dollar surges and safe havens suffer](https://feedsoft.ai/events/74086-usd-jpy-breaks-out-to-new-highs-as-dollar-surges-and-safe-havens-suffer.md) | -0.6% | +1.3% |
| DXY | 2025-02-12 | [Stocks tumble, dollar rallies as US inflation heats up](https://feedsoft.ai/events/26226-stocks-tumble-dollar-rallies-as-us-inflation-heats-up.md) | -0.5% | -2.0% |
| DXY | 2024-11-06 | [Trump comeback drives gains in US stocks and dollar, Treasuries slide](https://feedsoft.ai/events/9517-trump-comeback-drives-gains-in-us-stocks-and-dollar-treasuries-slide.md) | +1.9% | +1.5% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/us-dollar-safe-haven-support-as-ai-stocks-slide-mufg-202611060845

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