FOREX-Dollar languishes at two-month low after Biden clinches U.S. presidency

* Dollar falls as Biden wins; losses limited by uncertainty * Yuan makes fresh 28-month high offshore as trade war seen ebbing * Kiwi hits 19-month peak; Aussie at seven week high * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Tom Westbrook SYDNEY, Nov 9 (Reuters) – The dollar hit a 10-week low on Monday as investors heralded Joe Biden’s election as U.S. president by buying trade-exposed currencies on expectations that a calmer White House could boost world commerce and that monetary policy will remain easy. The Chinese yuan struck a 28-month peak, the New Zealand dollar made a 19-month high and the Australian dollar hit a seven-week top as the dollar index fell to its lowest since early September. Biden crossed the threshold of the 270 electoral college votes required for victory on Saturday by winning the battleground state of Pennsylvania.

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