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The dollar holds steady ahead of US midterm elections

The dollar and major currencies held steady in Asian trading on Monday, as investors awaited US midterm elections scheduled for Tuesday, October jobs data, and interest rate decisions expected from several central banks this week.

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The dollar falls abroad and the euro rises on Monday, as investors prepare for an intense week, marked by the mid-term elections in the United States and by decisions on interest rates by the central banks of the United Kingdom, Australia, Norway and Sweden, as well as Brazil. At around 8:20 a.m., the DXY index – measuring the relationship between the dollar and a basket of developed countries' currencies – fell 0.19% to 101.68 points, reaching …

·Rio de Janeiro, Brazil
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The dollar and other major currencies were largely steady on Tuesday as investors turned their attention to the U.S. midterm elections this week. The euro remained near a 17-month low of $1.1159 in early Asian trading, weighed down by Fitch Ratings' revision of its outlook for France to "negative" from "stable" after markets closed on Friday. Sterling was little changed at $1.3387, while the dollar index, which measures the greenback against a…

This article is a partially edited and reprinted version of "Norihiro Takeuchi's Current Market View and FX Trading Strategy," originally published on November 2, 2026 (Monday) on the "Shepherd's FX Blog." It presents the latest market view and strategy as heard from active trader Norihiro Takeuchi as of 8:00 AM on November 2, 2026 (Monday). Norihiro Takeuchi: In 1990, he worked as a foreign exchange dealer at a Canadian bank...

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Jordan News | Latest News from Jordan, MENA broke the news on Monday, November 2, 2026.
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