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Macro Finance

Dollar’s Rate-Fueled Gain Seen Surviving US Midterm Gridlock

Bloomberg Markets·October 30, 2026·1 min read

The dollar's rally is expected to withstand US midterm election gridlock, driven by high interest rates and a surge in AI-related spending that draws capital. Even if the vote results in political deadlock, the currency's momentum appears resilient, according to analysts. The outlook suggests sustained strength for the dollar amid ongoing economic conditions.

Read at Bloomberg Markets
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