The dollar slipped in Asian trade Wednesday while share markets were muted after President Barack Obama won a second term in a closely-fought US presidential election.
File photo shows stocks illustrated on an electronic share price board at the Tokyo Stock Exchange. The dollar stumbled against major currencies and stock markets were mixed in Asia Wednesday as US elections handed President Barack Obama a second term but no change to the nation's political gridlock.
The US unit fell against the euro and yen in afternoon trade, as dealers bet that under Obama the Federal Reserve would continue the loose monetary policy that has seen it flood markets with billions of dollars.
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