EL7.AI
ForexMedium•11 November 2026•
1 min read

US Dollar and Stocks Rise as Geopolitical Optimism Weighs on Oil Prices

Key Facts

1The US dollar rose against all major currencies, with its largest gain of 0.93% coming against the Swiss franc.
2US bond markets were closed for Veterans Day, while stocks remained open and moved higher led by a rebound in AI and tech.
3Crude oil prices faded as geopolitical headlines signaled potential progress toward peace in Iran and Ukraine negotiations.

The US dollar rose against all major currencies on November 11, 2026, recording its largest gain of 0.93% against the Swiss franc. Reuters reported that equity markets moved higher led by a rebound in AI and technology sectors, while US bond markets remained closed for the Veterans Day holiday.

Crude oil prices faded as geopolitical headlines signaled potential progress toward peace in Iran and Ukraine negotiations. These market moves followed the release of CPI data on November 10, 2026, which showed a 0.4% monthly increase, supporting USD momentum during a session characterized by lower liquidity due to the public holiday.

Market participants are looking ahead to the US Initial Jobless Claims scheduled for November 12, 2026, with forecasts at 195,000, alongside a scheduled speech by the Fed's Hammack on the same day.

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