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Thursday, October 31, 2024

Overnight Dollar Movements Consistent with Expectation that Trump Wins Back the Presidency

The U.S. currency slipped 0.3% against the euro and sterling and 0.2% relative to the Swiss franc and New Zealand dollar. U.S. Republican presidential candidate Trump favors a weaker dollar to trim the trade deficit. One currency that instead fell 0.5% overnight against the dollar was the Mexican peso. Mexico would take a lot of […]

* This article was originally published here

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