US President Trump says the party that controls the White House often loses seats in midterm elections

US President Trump says the party that controls the White House often loses seats in midterm elections.

President Trump's statement highlights the historical trend where the ruling party tends to lose congressional seats during midterm elections. This could lead to uncertainty in U.S. economic policy and governance, potentially impacting market sentiment and dollar strength, particularly in relation to the major currencies like the EUR and JPY. Traders should monitor how this sentiment influences risk appetite across equities and commodities going forward.