Singapore, 4 November 2026 – The US Dollar Index fell 0.6% to a one-month low of 101.27 in a 4 November trading update as investors reassessed the implications of Democratic gains in the United States midterm elections. The ten-year US Treasury yield declined by nearly five basis points to 4.915%, while the euro rose 0.6% to USD 1.1258.
For Asian businesses and investors, the moves affect the exchange-rate and funding backdrop against which overseas trade and investment are priced. Analysts linked the dollar’s weakness to political gridlock, lower yields and concern about possible scrutiny of artificial-intelligence investment. Those are explanations of market expectations, not confirmation that new AI restrictions have passed or that the US growth outlook has already changed.
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