Dollar Edges Lower as US Election Outcome Cheers Global Markets
9 Articles
9 Articles
Dollar edges lower as US election outcome cheers global markets
TOKYO, Nov 5 : The dollar edged lower on Thursday in the aftermath of an overwhelming victory by Democrats in US midterm elections that cleared a major source of uncertainty and fuelled a rally in global equities.The yen firmed after minutes of the Bank of Japan's September meeting reinforced expectations for
The dollar weakens in the markets after the Democrats’ victory in the U.S. elections that gave them control of the House of Representatives and the Senate. The Democratic Party’s historic Senate victories in Texas, Kansas, and South Carolina strengthen emerging-market currencies, including the peso. In the market, investors seemed willing to ignore political turmoil, betting that the main drivers of growth in the U.S.—from consumer spending to t…
The dollar takes the process down after dropping $16.30 this Monday and raising $3 last Tuesday.
This is what moves the dollar in Colombia at the start of the day.
Brent retreated 0.7% to US$101.85 per barrel, amid uncertainty over negotiations to curb the conflict in the Middle East
Illustrative image Photo: PexelsDolar backs 0.52% with democratic majority in the U.S. Congress; Copom decides interest at the end of the day
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
