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Dollar Rises in US Midterms
The dollar index rose 0.1% to 101.86 points in Tuesday trading, as investors followed the U.S. midterm elections and developments in Middle East talks. The dollar was also supported by labor-market data: job openings increased by 333,000 to 7.523 million, exceeding expectations, as markets awaited the government’s jobs report due at the end of the week. The dollar gained 0.33% against the yuan to 6.668 yuan, while the Australian dollar fell 0.19% to $0.6983 despite Australia raising interest rates by 25 basis points to 4.85%.
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