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

Bloomberg Markets30 October 2026, 00:35 UTCUnited States of America

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.

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Employment Cost Index q/qEconomic dataUnited States of America30 October 2026, 12:30 UTC
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