# Weyer: Fed and Trump still hold sway over gold and the dollar

> Walsh Trading’s John Weyer said the US midterm election results eased uncertainty but did not change expectations for the Federal Reserve’s next rate decision or resolve the dollar outlook. He said Trump’s trade and foreign-policy choices, including possible tariffs and the Iran conflict, could influence the dollar, while describing gold and silver as likely to retain safe-haven appeal and gold’s near-term path as higher.

- Date: 2026-11-07 · published 2026-11-07T09:14:40.556Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/85837-weyer-fed-and-trump-still-hold-sway-over-gold-and-the-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Fed policy, trade decisions and geopolitical risks can shift the dollar and safe-haven demand, affecting commodity pricing and hedging costs. The article provides no direct new supply-demand signal for feed commodities.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-07-19 | [Dollar and gold falters as Trump hits fed, stocks drop: markets wrap - MINING.COM](https://feedsoft.ai/events/63947-dollar-and-gold-falters-as-trump-hits-fed-stocks-drop-markets-wrap-mining-com.md) | -0.4% | +1.6% |
| DXY | 2019-10-31 | [Trump bets on Fed cuts to help the dollar. Don't count on it](https://feedsoft.ai/events/56774-trump-bets-on-fed-cuts-to-help-the-dollar-don-t-count-on-it.md) | -0.1% | +0.8% |
| DXY | 2020-04-22 | [Forecasts for the loonie and U.S. dollar](https://feedsoft.ai/events/53870-forecasts-for-the-loonie-and-u-s-dollar.md) | -0.4% | -1.1% |
| DXY | 2026-07-30 | [Dollar Slides After Fed Holds Rates Steady; BoE and BoJ Take Center Stage \| Investing.com](https://feedsoft.ai/events/18550-dollar-slides-after-fed-holds-rates-steady-boe-and-boj-take-center-stage.md) | -1.2% | -1.9% |
| DXY | 2017-06-13 | [The US Dollar Tipped to Jump 2% Higher](https://feedsoft.ai/events/10202-the-us-dollar-tipped-to-jump-2-higher.md) | -0.2% | -0.7% |

## Sources

- money-speaks.com: https://money-speaks.com/article/285338

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