Dollar breaks below 101.50 after Democrats sweep Congress: Nov 6, 2026
The US dollar broke below 101.50 after Democrats swept Congress in the US midterms, with post-election weakness persisting across currency markets. The move coincides with a rebound in EUR/USD, the British pound near a seven-week high and an extended advance in the Indian rupee, as markets reassess the fiscal outlook and attention turns to the Bank of England rate decision.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the US Dollar Index page.
Headlines (9)
Carried over from earlier days
- US dollar index falls to 5-week low amid major Democratic gains in midterm electionsaa.com.tr
- 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
- British Pound near seven-week high as US elections dent USD, BoE loomsFXStreet
- US Dollar breaks below 101.50 as Democrats sweep CongressFXStreet
- Financial & Forex Market Recap: Nov. 4, 2026babypips.com
- Indian Rupee extends advance on weak US Dollar, lower oil pricesFXStreet
- Forex Today: Post-election USD weakness persists, focus shifts to BoE rate callFXStreet
- The US Dollar's September buyers are now underwaterFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, November 6 | ||
| FOMC Member Logan Speaks | USD | |
| Leading Indicators | JPY | |
| Lloyds HPI m/m | 0.0% | GBP |
| German Industrial Production m/m | 0.0% | EUR |
| French Trade Balance | -5.8B | EUR |
| Foreign Currency Reserves | CHF | |
| SECO Consumer Climate | -35 | CHF |
| FOMC Member Williams Speaks | USD | |