Dollar Slides to One-Month Low as AI Regulation Fears Rise
The dollar fell to a one-month low as Democratic gains in midterm elections stoked fears of tougher AI-sector regulation that could weigh on U.S. economic growth. Treasury yields were also sliding, the report said.
By Li Gu and Ankur BanerjeeThe US dollar tumbled to a one-month low on Wednesday as the Democrats' capture of Congress in midterm elections spurred fears of tougher regulation of the AI sector, which could weigh on US economic growth.The dollar was under pressure from sliding Treasury yields as inv…