Preliminary U.S. midterm results favor Democrats; the 10-year Treasury yield slid from about 4.97% earlier to roughly 4.89%, its lowest since early September. U.S. stock index futures sold off and the dollar weakened to its weakest level since late September. ITC Markets FX strategist said FX moves are intensifying: Swiss franc +0.8%, euro +0.6% vs the dollar, yen +0.5% vs the dollar.

2026-11-04

Preliminary U.S. midterm results favor Democrats; the 10-year Treasury yield slid from about 4.97% earlier to roughly 4.89%, its lowest since early September. U.S. stock index futures sold off and the dollar weakened to its weakest level since late September. ITC Markets FX strategist said FX moves are intensifying: Swiss franc +0.8%, euro +0.6% vs the dollar, yen +0.5% vs the dollar.