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Dollar rangebound ahead of US midterms; bitcoin reels from crypto heist
SINGAPORE: The dollar and other major currencies were in a holding pattern on Monday as investors turned their attention to this week’s US midterm elections, which could shift the balance of power in Congress and control over the federal purse strings. In cryptocurrencies, bitcoin and ether were nursing losses following last week’s record $6.3 billion heist at Binance, the world’s largest crypto exchange. Traders were bracing for a packed week dominated by the US midterm elections, October US jobs data and central bank rate decisions in the UK, Australia, Norway and Sweden. Oil slips more t...
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