Reported 21 days ago
The US dollar declined as voters headed to the polls in a closely contested race between Donald Trump and Kamala Harris. Currency volatility surged, particularly against the euro, Mexican peso, and Chinese yuan, as traders adjusted positions ahead of potential election outcomes. Trump's policies are seen to influence inflation and economic growth, while a Democratic victory could lead to a weaker dollar. The Federal Reserve is also in focus, with expectations for interest rate cuts amid mixed job data.
Source: YAHOO