Markets

Dollar Slumps as Democrats Retake Congress

Private Trade News venue-risk note (2026-11-04): The dollar index (DXY00 ) tumbled to a 5-week low today and is down by -0.40%. The dollar sank today after Democrats swept Congress in the US midterm… Primary source: original at Nasdaq (nasdaq.com).

November 4, 2026 6:49 PM GMT · Nasdaq

The dollar index (DXY00 ) tumbled to a 5-week low today and is down by -0.40%. The dollar sank today 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. Today’s slide in W

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