{
  "id": 18134677,
  "title": "US Dollar: Softer tone as midterms reshape policy – ING",
  "url": "https://urgent.news/2026/11/04/us-dollar-softer-tone-as-midterms-reshape-policy-ing",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-04T14:16:56.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-dollar-softer-tone-as-midterms-reshape-policy-ing-202611041416"
  },
  "original_language": "en",
  "account": "ING analysts have observed that the US Dollar has softened following the Democratic victories in the recent US midterms. Although the losses have been somewhat mitigated by the stabilization of Nasdaq futures, the analysts anticipate further dollar depreciation into 2027 if political tensions and a potential government shutdown in mid-2027 escalate. The analysts note that a resilient US economy and at least one more Federal Reserve rate hike serve as support for the dollar, but they also recognize the possibility of greater weakness if the Democratic Party takes issue with Republican policies, particularly deregulation and AI development. The potential for a prolonged government shutdown adds to the rationale for a weaker dollar next summer. Despite these concerns, the analysts maintain a bias towards the 10-year yield reaching 5.25%. Meanwhile, AUD/USD remains steady near 0.6965 in the Asian session, while USD/JPY experiences heavy selling pressure, dropping below 158.00 amid heightened political uncertainty. Gold, meanwhile, shows signs of recovery, surpassing $4,000 per troy ounce, while Bitcoin, Ethereum, and Ripple also experience increases.",
  "summary": "ING analysts James Knightley, Carsten Brzeski, Padhraic Garvey, Lynn Song and Chris Turner note that the Dollar has softened after the Democratic sweep in US midterms, though losses have been pared with Nasdaq futures stabilizing.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}