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US dollar slides after Democrats’ midterm election win as growth fears rise
Concern over greater AI regulation, while investors move into US treasuries as Trump faces political gridlockBusiness live – latest updatesUS midterm elections – live updatesThe US dollar has fallen sharply after the Democrats won control of the Senate and the House in the midterm elections, sparking fears that greater regulation of AI could slow economic growth.The dollar hit a one-month low on Wednesday while coming under pressure from falling bond yields, as investors moved into US treasuries, viewed as a safe haven from the political gridlock anticipated during the rest of Donald Trump’s f...
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