Republican victory softens dollar

The US Republican Party wins the election, giving them back control of the House of Representatives.

It traped  Washington in 2 years  legislative and increases the coming fall in the dollar.

President Joe Biden controlled both chambers 2 years before his administration.

Tuesdays show significant victory for Republican candidates.

Now Republicans can block any spending bills.

On November 2, Jerome Powell made it clear that the central bank would hold interest rates longer than previously thought.

Markets will rapidly exit the US dollar after emerging from the turnaround.

Due to America's debt limit, war broke out in the split government.