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The dollar fell on Wednesday to its lowest level in a month after Democrats won majorities in both houses of Congress, amid concerns that tighter regulation of the AI sector could weigh on U.S. growth, as well as declining Treasury yields. The dollar index dropped 0.6% to 101.27, while the euro rose 0.6% to $1.1258. The yield on 10-year Treasury notes fell about 5 basis points to 4.915%. The dollar also declined 0.6% against the Swiss franc, while the yen rose 0.8% to 157.92 per dollar.
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