Agriculture Bank China Currency Dollar Elections Iran Israel Japan stocks Switzerland Tariff Technology War
The US dollar ?held firm against major currencies on Friday, drawing support from haven demand ?after ?a selloff in AI stocks worldwide, though lower Treasury yields capped gains ahead of a closely watched US payrolls report. Currencies are swaying to the tune of the share and bond markets, analysts said, as investors take stock of the Democrats’ victory in the US midterm elections and what ?that means for the AI trade, tariffs and the US-Israel-Iran war. Asia’s tech-heavy markets crumbled on Friday following the steepest decline in US stocks since April 2025 on fear of tighter scrutiny of the AI…
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