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The US dollar weakened against major currencies on Monday as easing fears of further escalation in the Middle East improved investor appetite for risk. The dollar index fell 0.37%, while the euro and sterling gained against the dollar; Brent crude also dropped 3.4%.
Reduced safe-haven demand pressured the dollar, while lower crude prices may ease energy costs and some input-cost pressure for feed buyers.
brecorder.comReutersNov 9, 2026brecorder.comReutersNov 9, 2026Not enough comparable past events yet for a historical read.
After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.
After 33 past bearish geopolitics events, US Dollar (Broad) moved a median -0.6% over 5 sessions (33% higher; middle half -1.5% to +0.2%), and -0.8% over 20.
After 18 past bullish geopolitics events, Euro (USD per EUR) moved a median +1.9% over 5 sessions (83% higher; middle half +0.9% to +2.0%), and +2.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
