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Dollar Retreats as Democratic Midterm Wins Stoke AI Regulation Jitters

The dollar fell after Democratic victories in the U.S. midterm elections, as investors weighed the prospect of tighter AI regulation and its potential drag on economic growth.

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By Li Gu, Ankur Banerjee and Niket NishantA sweeping victory by Democrats in the US midterm elections sent the dollar tumbling on Wednesday, as investors weighed the prospect of tighter AI regulation and its potential drag on economic growth.Several major currencies gained versus the dollar, with t…

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