A post by @FirstSquawk on X.
US Dollar Weakens to Monthly Lows Near 101.00 as Democrats Sweep-FXS
@FirstSquawk on X
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The U.S. dollar fell to monthly lows near 101.00 on the DXY index as Democrats swept key races, according to First Squawk. The move marks a notable weakening of the greenback against major peers, with the index sliding toward the 101.00 threshold. The dollar's decline came as traders digested the political outcome, which appeared to drive risk sentiment. The 101.00 level is now the key support to watch, with a break below potentially opening the door to further downside.
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Named in this story
US Dollar, Democratic Party