US dollar falls as Democrats’ midterm wins unsettle AI investors
The dollar reached a one-month low after Democrats won control of both the Senate and House, fuelling concerns that tighter AI rules could slow growth.
Democrats won control of the Senate and House, and the US dollar hit a one-month low. RTÉ NewsThe Guardian
Investors are concerned that greater regulation of AI could slow economic growth, according to The Guardian and RTÉ. RTÉ NewsThe Guardian
US Treasuries drew investors seeking a safe haven amid expectations of political gridlock, while falling bond yields also put pressure on the dollar, The Guardian reported. The Guardian