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

The dollar’s rally may have enough momentum to shrug off the US midterm election, with high interest rates and a surge in AI-related spending drawing capital even if the vote...

By Anya Andrianova · Bloomberg Markets

The dollar’s rally may have enough momentum to shrug off the US midterm election, with high interest rates and a surge in AI-related spending drawing capital even if the vote delivers political gridlock.