Dollar Slips as Democrats Win US Midterms

The US dollar edged lower following an overwhelming Democratic victory in midterm elections that cleared uncertainty and lifted global equities. Meanwhile, the yen strengthened on Bank of Japan rate expectations.

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FILE PHOTO: U.S. dollar banknotes are seen in this illustration taken March 24, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

The dollar edged down 0.06% to 101.41 on Thursday morning in United States following an overwhelming Democratic victory in midterm elections that spurred global equities.