Dollar dives to 101.25 after Democrats sweep Congress: Nov 5, 2026
The US Dollar Index fell to late-September lows near 101.25 after US midterm results showed Democrats sweeping Congress. Treasury yields also fell as markets reassessed the fiscal outlook, while EUR/USD rebounded and gold reclaimed $4,000. The decline followed earlier steadiness near 102.00 ahead of the elections.
Updated
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Headlines (8)
Carried over from earlier days
- United States Dollar Index holds steady near 102.00 ahead of US midterm electionsFXStreet
- Live updates: Dollar dives, Treasury yields fall as election polls start closingMarketWatch
- US Dollar Index (DXY) dives to late September lows near 101.25 on US election resultsFXStreet
- investingLive European session wrap: Stocks rebound, gold soars as dollar tumbles after blue sweep in US midtermsInvestingLive
- EUR/USD rebounds as midterm results put the dollar under pressure as markets reassess fiscal outlookInvestingLive
- US Dollar breaks below 101.50 as Democrats sweep CongressFXStreet
- Gold reclaims $4,000 as US midterm sweep sinks USD, Oil plungesFXStreet
- Financial & Forex Market Recap: Nov. 4, 2026babypips.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, November 5 | ||
| Goods Trade Balance | 0.94B | AUD |
| Final Manufacturing PMI | JPY | |
| 10-y Bond Auction | JPY | |
| RBA Deputy Gov Hauser Speaks | AUD | |
| German Factory Orders m/m | 4.6% | EUR |
| French Prelim Private Payrolls q/q | EUR | |
| French Industrial Production m/m | 0.3% | EUR |
| Unemployment Rate | 3.1% | CHF |