Article taken from: www.cnbc.com
Article summary
A set of US dollar banknotes are fanned out for a photo. Igor Golovniov | SOPA Images | LightRocket via Getty Images The U.S. dollar steadied in Asia on Wednesday as traders looked to the outcome of a Senate election in Georgia to drive the next move in market sentiment. The dollar had dropped through a major support level against the Japanese yen on Tuesday and it briefly fell to a fresh 10-month low of 102.60 yen on Wednesday before steadying. […] The outcome of the runoff vote to elect two senators in Georgia will determine control of the U.S. Senate, although a final result is not expected before Wednesday morning in the United States – perhaps longer if it is close. […] Elsewhere, a rise in oil prices lifted exporters’ currencies, sending the Norwegian crown to a 21-month high of 8.4350 per dollar and the Canadian dollar to a 32-month peak.
Read More: Forex Markets: Dollar, U.S. politics – Gooruf.com