Key Takeaways: 💰 Trump’s election win may lead to higher volatility in Asian currencies 📉 Indian rupee hit an all-time low against the U.S. dollar 🌐 Investors are shifting to the dollar due to expected pro-growth Trump policies 🏦 Indian companies advised to manage forex risks more prudently and proactively 📈 Rupee’s low volatility in … Read more
Key Takeaways: 💰 Asian currencies steadied after recent losses due to Trump victory 🇨🇳 Chinese yuan slightly firmed, but PBOC set substantially weaker yuan midpoint 📈 Dollar surged after Trump’s victory, likely to benefit from inflationary policies 🌏 Broader Asian currencies were muted ahead of Fed meeting 🇯🇵 Yen weakened prompting warnings from Japanese ministers … Read more
Key Takeaways 💵 Dollar soared to a four-month high after Trump won the US presidential election 📈 Policies on immigration, tax, and trade expected to spur higher US growth and inflation 🇺🇸 Republicans also won a US Senate majority, impacting currency moves ⚖️ Trump’s policies on immigration and trade may boost growth and inflation 🇪🇺 … Read more
Key Takeaways: 💸 Mexico’s peso was weaker after Trump’s U.S. election victory, but experts say the slide was overdone 🇺🇸 Mexico is vulnerable due to its exposure to the U.S. economy, its largest export market 📉 The peso weakened after the election but has shown mixed behavior against a soaring dollar 🌐 Analysts see uncertainty … Read more
Key Takeaways: 💰 EUR/USD fell 1.7% to 1.0741 on Wednesday 📉 EUR/USD could head towards parity if there is a ‘red sweep’ 🇺🇸 Republican control of Senate & optimism of House retention may push USD higher 📊 Trump’s policies like tariffs and fiscal policy will impact global FX from elections 📈 JPMorgan predicts historical USD … Read more
Key Takeaways: 💵 Dollar soared against major peers after Trump’s re-election 📈 Dollar index advanced 1.7% to 105.16, highest in four months 🛡️ Trump’s policies seen as inflationary, boosting treasury yields and the dollar 🌍 Euro fell as much as 1.9% to $1.0702, lowest since June 28 🇨🇳 Onshore yuan down 0.8% at 7.1649 per … Read more
Key Takeaways: 💰 Mexico’s peso reached its weakest level in over two years following Trump’s win in the U.S. presidential election 📉 Peso fell over 3% against the dollar to 20.8100, biggest loss since Mexico’s previous election 🌍 Emerging market currencies broadly weakened against a soaring dollar 🇲🇽 Tariffs and trade barriers under a Trump … Read more
Key Takeaways: 💰 Dollar saw biggest one-day rise since 2020 against major peers 📈 Bitcoin hit a record high after Trump’s re-election and Republican wins 📉 Analysts anticipate higher inflation and yields due to Trump’s policies 🇲🇽 Mexico and China could be most affected by possible Trump tariffs 📉 Euro and sterling fell against the … Read more
Key Takeaways 💰 Mexico’s peso hits a two-year low on the prospect of Trump winning the U.S. election 📉 Peso dropped over 3% in early trading, biggest tumble since Mexico’s election in summer 🌎 Emerging market currencies faced volatility against a soaring dollar 🇲🇽 Possible trade barriers and tariffs under a Trump presidency could negatively … Read more
Key Takeaways: 💵 U.S. dollar soared significantly as Trump neared election victory 📈 Dollar Index rose by 1.4% to a four-month peak 🏛️ Republican clean sweep in Congress likely to boost dollar due to easier path for policy changes 🌍 Euro slumped, reflecting concerns about Trump’s potential second term policies 🇯🇵 Yen weakened, raising speculation … Read more