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Markets

Dollar Slumps as Democrats Retake Congress

The dollar index (DXY00 ) tumbled to a 5-week low today and is down by -0.40%. The dollar sank today after Democrats swe...

By Dhallo News · November 4, 2026 at 11:42 PM IST

The dollar index (DXY00 ) tumbled to a 5-week low today and is down by -0.40%. The dollar sank today after Democrats swept Congress in the US midterm elections, fueling concerns about political gridlock and tougher tech regulation that could curtail foreign demand for US assets. Today’s slide in WTI...

SOURCE: Nasdaq
ORIGINAL REPORT: Click here
DHALLO EDITORIAL STATUS: Aggregated & reviewed
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