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Dollar Slumps as Democrats Retake Congress

Trade Hub UK regulation desk (2026-11-04): 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… Primary source: original at Nasdaq (nasdaq.com).

By Nasdaq

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 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 W

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Source: Nasdaq