US Dollar Bursts Out to 5-Month Highs on Risk-Off Trade | Daily Market Update, November 4 2025

The US dollar is testing 5-month highs while indices are set to open -1% lower amid risk-off trade today.

FOREX.com's Global Head of Research Matt Weller breaks down the key news you need to know ahead of the US Open, as well as taking a look at today’s chart of the day, the US Dollar Index (DXY).

See all of our market analysis: https://www.forex.com/en-us/news-and-...

FOREX.com Authors Bio / Reports: https://www.forex.com/en-us/news-and-...

Follow Matt on Twitter:   / mwellerfx  

View Matt's full Daily Market Update playlist:    • Daily Market Update with Matt Weller  

https://www.forex.com

#forex #USD #DXY #USDOLLAR #Palantir