The historical defeat of Donald Trump's party has benefited the exchange rate of the forint.

On November 4, the Hungarian forint strengthened as the U.S. midterm election results indicated a significant victory for the Democratic Party over the Republicans. The euro/forint exchange rate dropped from 365 to 363.3, while the dollar/forint rate fell from 324.8 to 323.3. This appreciation of the forint was influenced by the weakening of the dollar and declines in U.S. stocks. Precious metals saw notable price increases, with gold rising by 2% and silver by 4%. The Republican Party lost several seats in the midterms, reflecting voter discontent with Donald Trump. Global stock markets faced losses due to concerns over stricter regulations in the AI sector, while U.S. Treasury yields decreased as investors sought safer assets.