The dollar has fallen against the single European currency, the Euro and the British pound, as traders interact with the Democratic Party's control of the US House of Representatives, enabling it to suspend President Donald Trump's programs and conduct oversight checks on his administration.
Reuters quoted analysts as saying the election could split Congress could temporarily hurt the dollar. Democratic control of the House is likely to be seen as a rejection of President Donald Trump and policies that boosted corporate growth.
The dollar index, which tracks the performance of the greenback versus six major currencies, lost 0.28 percent to 96.04.
The US dollar has outperformed most of its main rivals this year, drawing on the strength of the local economy and rising interest rates.
The euro was up 0.15 percent at $ 1.1443, after rising to $ 1.1473. The single currency rose 1.1 percent from a record low of $ 1.1301 on Aug. 15.
The dollar lost 0.19 percent against the yen to 113.21 yen. Earlier in the session the yen rose to 112.95.
The Sterling rose 0.13 percent to $ 1.3116, but remains below a three-week high of $ 1.3142.
Sterling fell Tuesday to $ 1.3023, before wiping out its losses in volatile trading due to growing hopes of progress in Britain's exit agreement from the European Union.
