Dollar Weakens as US Election Approaches Amid Tight Race

Reported 22 days ago

As polls show a close contest between Donald Trump and Kamala Harris ahead of the US presidential election, Wall Street adopts a cautious stance, resulting in a drop in the dollar and a rise in bond prices. Traders are wary of potential volatility due to an uncertain election outcome and upcoming Federal Reserve decisions. Historical trends suggest equities may perform better after Election Day, yet current market anxiety is reflected in increased risk levels across various assets.

Source: YAHOO

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