Dollar Stems Losses as Investors Await Midterm Results; Cryptos Jittery

[Epoch-Times-Bot]

Dollar Stems Losses as Investors Await Midterm Results; Cryptos Jittery

SINGAPORE/HONG KONG—The dollar steadied near its weakest in two months against the euro on Wednesday as traders waited on results from U.S. elections and on inflation data this week that will guide expectations for the interest rate outlook.
Cryptocurrencies were also top of mind for investors, as they stabilized after tumbling on Tuesday, when nerves about the stability of exchange FTX turned to a rush of withdrawals and ultimately a bailout deal from bigger rival Binance.
The euro was little changed at $1.0066, just off the $1.0096 hit overnight, its highest since Sept. 13. The dollar also weakened to 145.17 yen in Asia trade, its lowest level against the Japanese currency this month, and dropped to 0.9823 Swiss francs, its lowest in nearly five weeks....

Source: Dollar Stems Losses as Investors Await Midterm Results; Cryptos Jittery

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