# [FX-Weekly] US Politics and Jobs in Focus... Dollar Weakens Despite Tech Rout < Bonds/Forex < Article - Yonhap Infomax

> The Seoul FX market expects to digest the US midterm elections and October employment data, with the dollar-won rate capped below 1,340. The dollar index fell for a third session as Treasury yields declined, while WTI crude for December closed at $104.12 a barrel, up 2.08%.

- Date: 2026-11-01 · published 2026-11-01T12:08:20.799Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8877-fx-weekly-us-politics-and-jobs-in-focus-dollar-weakens-despite-tech-rout-bonds
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A softer dollar supports dollar-priced grain and oilseed demand from importers, while crude above $100 keeps energy and freight costs elevated for feed supply chains.

## Read by commodity

- DXY: bearish ▼
- WTI: bullish ▲

## Sources

- en.infomaxai.com: https://en.infomaxai.com/news/articleView.html?idxno=146283

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