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Dollar’s Rate-Fueled Rally Set to Ride Out US Midterm Gridlock

Source: Bloomberg

Currency & FXInterest Rates & YieldsArtificial IntelligenceElections & Domestic PoliticsInvestor Sentiment & Positioning

The dollar’s rally may persist through the US midterm election, supported by high interest rates and capital attracted by a surge in AI-related spending. The article suggests political gridlock from the vote may not be enough to reverse that support.

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