Democratic 'blue wave' may buoy yen if AI trade reverses: FX traders
Nikkei Asia · Staff Writer ·
US election result adds to anxiety over how long investment boom will last
TOKYO -- Investors are weighing the prospect of slower U.S. artificial-intelligence investment after the Democratic Party's sweeping midterm election win, which could turn the currency market tide in the yen's favor.
US election result adds to anxiety over how long investment boom will last
Expanding AI investment has been the biggest driver of U.S. economic growth and stock market gains. (Source photos by Nikkei, AP)
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