FOREX-Dollar steadies, but more losses seen on post-election policy outlook

* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E * Dollar falls broadly as yields fall, equities rally * Currencies price in low chance of big U.S. stimulus * Australian dollar falls after RBA statement By Stanley White TOKYO, Nov 6 (Reuters) – The dollar steadied against many currencies on Friday, but traders say more losses are likely as a contentious U.S. presidential election diminished hopes for large stimulus to support the economy any time soon. Investors are betting that Democrat Joe Biden will become the next president but Republicans will retain control of the Senate, which will make it difficult for the Democrats to pass the larger fiscal spending they have been pushing. Biden maintains an edge over President Donald Trump, but a few important states are still counting votes and Trump is mounting legal challenges to vote counts, so there is still a high degree of uncertainty.

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