# Dollar and oil fall after US election; Lamis El-Hadidy discusses market developments

> Egyptian TV host Lamis El-Hadidy said the US election results were followed by declines in oil prices and in the dollar against the Egyptian pound. She noted that the dollar moved below 54 pounds and said upcoming market moves would show whether the declines are temporary or sustained.

- Date: 2026-11-06 · published 2026-11-07T00:15:35.093Z
- Category: macro · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/85100-dollar-and-oil-fall-after-us-election-lamis-el-hadidy-discusses-market
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Egyptian Pound (EGP per USD)](https://feedsoft.ai/c/USDEGP.md)

## Why it matters

Lower oil prices can ease energy and freight costs, while a stronger pound can reduce Egypt’s local-currency cost of imported feed and inputs. Both moves are potentially cost-relieving for buyers, though the report does not establish a lasting trend.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- USDEGP: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -7.0% | -7.1% |
| WTI | 2020-10-29 | [Euro Down after ECB, Oil Tumbles, Dollar and Yen Rise - ActionForex](https://feedsoft.ai/events/50842-euro-down-after-ecb-oil-tumbles-dollar-and-yen-rise-actionforex.md) | +4.6% | +22.3% |
| WTI | 2021-08-31 | [Canadian dollar steadies after ‘limited’ reaction to GDP miss - The Globe and Mail](https://feedsoft.ai/events/45789-canadian-dollar-steadies-after-limited-reaction-to-gdp-miss-the-globe-and-mail.md) | -1.2% | +8.9% |
| WTI | 2020-01-29 | [Canadian dollar nears seven-week low as oil prices fall - The Globe and Mail](https://feedsoft.ai/events/55300-canadian-dollar-nears-seven-week-low-as-oil-prices-fall-the-globe-and-mail.md) | -7.1% | -8.8% |
| WTI | 2024-11-06 | [Metals sell off after US election Trump win while oil, agriculture recoup some losses \| Reuters](https://feedsoft.ai/events/10549-metals-sell-off-after-us-election-trump-win-while-oil-agriculture-recoup-some.md) | -5.3% | -4.8% |
| BRENT | 2018-02-02 | [Oil prices fall as US stock market slumps and dollar strengthens](https://feedsoft.ai/events/66659-oil-prices-fall-as-us-stock-market-slumps-and-dollar-strengthens.md) | -6.3% | -5.6% |
| BRENT | 2020-12-07 | [Ringgit falls against US dollar on lack of demand, lower Fitch downgrade \| Malaysia now](https://feedsoft.ai/events/49924-ringgit-falls-against-us-dollar-on-lack-of-demand-lower-fitch-downgrade.md) | +1.7% | +8.6% |
| BRENT | 2022-07-18 | [Recession concerns, dollar demand clamp down on commodity market](https://feedsoft.ai/events/40398-recession-concerns-dollar-demand-clamp-down-on-commodity-market.md) | -1.5% | -5.3% |

## Sources

- almasryalyoum.com: https://www.almasryalyoum.com/news/details/4403151

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