9 Hrs
Source:
اقتصاد
Dollar falls as Dems win
The dollar index fell 0.6% to 101.27, its lowest level in a month, after Democrats won control of both houses of Congress in the midterm elections, amid concerns about tighter regulation of the AI sector and its impact on U.S. growth. The yield on 10-year Treasury notes slipped about 5 basis points to 4.915%, while the euro rose 0.6% to $1.1258 and the yen gained around 0.4% against the dollar. Analysts say the elections’ impact may fade as attention returns to economic data, while the prospect of an interest-rate hike, escalating tensions in the Middle East, or rising oil prices could support the dollar.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)