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Dollar weakness supports EUR/USD near 1.1245 in Thursday’s early Asian session. The US Dollar (USD) loses ground against the Euro (EUR) following the Democrats’ takeover of the US Congress in the midterm elections. Later on Thursday, Germany will release its September Factory Orders data. Control of both chambers of the US Congress shifted from Republicans to Democrats on Tuesday, with the latter securing majorities in the Senate and House of Representatives. Tens of millions of voters delivered a sharp rebuke to President Donald Trump, helping Democrats achieve major victories in several Republican strongholds for the first time in decades.
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