Dollar Slips After Democratic Midterm Victories Stoke AI Regulation Jitters
The dollar weakened as investors weighed the prospect of tighter AI regulation and its potential effect on economic growth. The euro and sterling gained against the dollar.
By Li Gu and Niket NishantA sweeping victory by Democrats in the US midterm elections sent the dollar lower 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 the euro and sterlin…