The dollar weakened on speculation President Barack Obama’s re-election victory will boost chances the U.S. will continue monetary stimulus policies that tend to weaken the currency. The dollar reversed earlier gains versus the euro after Obama defeated Republican challenger Mitt Romney, according to television network projections that show the president winning the electoral votes needed for re-election. Demand for the euro was limited as Greece headed for a vote on austerity measures needed to keep its bailout on track. “Monetary policy will remain loose under Obama so the dollar will be sold,” said Michiyoshi ... (full story)