The dollar does not react to D. Trump’s “fiasco” around November 8, 2026

The dollar does not react to D. Trump’s “fiasco” around November 8, 2026

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Forecast: “The geopolitical events of October 2026 and their further development. A prospective scenario course for many major geopolitical players” (published October 4, 2026, link).

S. Dragan:

Many analysts see a certain resonance between political events and the dollar’s movement. But in reality, this is not always synchronized with the dynamics of the dollar’s movement. In this case, for example, when Trump suffers another political fiasco around November 8, 2026, there is no indication that the dollar will react strongly to this incident.

Dollar-to-euro exchange rate

  • October 27, 2026: 1 U.S. dollar = 0.8987 euros.
  • November 1, 2026: 1 U.S. dollar = 0.8959 euros.
  • November 2, 2026: 1 U.S. dollar = 0.89331 euros.
  • November 3, 2026: 1 U.S. dollar = 0.89351 euros.
  • November 4, 2026: 1 U.S. dollar = 0.89043 euros.
  • November 5, 2026: 1 U.S. dollar = 0.89127 euros.
  • November 6, 2026: 1 U.S. dollar = 0.89752 euros.
  • November 7, 2026: 1 U.S. dollar = 0.8974 euros.
  • November 8, 2026: 1 U.S. dollar = 0.89733 euros.

Having analyzed the dynamics of the dollar-to-euro exchange rate, it should be noted that while from October 27, 2026, to November 4, 2026, the dollar weakened against the euro by 0.966% over eight days, from November 4, 2026, to November 8, 2026, the dollar strengthened against the euro by 0.63%.

Dollar-to-ruble exchange rate

  • October 27, 2026: 1 dollar — 80.54 rubles
  • October 31, 2026: 1 dollar — 80.56 rubles
  • November 3, 2026: 1 dollar — 80.97 rubles
  • November 4, 2026: 1 dollar — 81.67 rubles
  • November 5, 2026: 1 dollar — 81.79 rubles
  • November 6, 2026: 1 dollar — 81.79 rubles
  • November 7, 2026: 1 dollar — 82.14 rubles
  • November 8, 2026: 1 dollar — 82.14 rubles

Having analyzed the dynamics of the dollar-to-ruble exchange rate, it should be noted that while from October 27, 2026, to November 4, 2026, the dollar strengthened against the ruble by 1.38% over eight days, from November 4, 2026, to November 8, 2026, the dollar continued to strengthen against the ruble by 0.58%.

Despite the fact that D. Trump suffered another political fiasco around November 8, 2026, in fact, since November 4, 2026—the announcement of the results of the U.S. midterm elections—there has been no indication that the dollar reacted strongly to this incident by weakening. Moreover, it strengthened against the euro and the ruble.

To be continued…

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