Markets

Dollar Retreats as Democrats Retake Control of Congress

Fed-and-SEC desk, TradeNews USA (2026-11-04): The dollar index (DXY00 ) tumbled to a 5-week low on Wednesday and finished down by -0.32%. The dollar sank Wednesday after Democrats swept Congress in the US… Primary source: original at Nasdaq (nasdaq.com).

November 4, 2026 5:52 PM ET · Nasdaq

The dollar index (DXY00 ) tumbled to a 5-week low on Wednesday and finished down by -0.32%. The dollar sank Wednesday after Democrats swept Congress in the US midterm elections, fueling concerns about political gridlock and tougher tech regulation that could curtail foreign demand for US assets. W

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