Back to Search Start Over

Treasuries, Dollar Fall as Markets Brace for US Election Result.

Authors :
Atkins, Alice
Source :
Bloomberg.com; 11/5/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

The article from Bloomberg.com discusses the impact of the US presidential election on financial markets, with Treasuries and the dollar falling as the election remains too close to call. Traders are anticipating significant market swings depending on whether Donald Trump or Kamala Harris wins, with the outcome likely to have a binary impact on currency markets. Analysts are forecasting various scenarios, such as the euro rising to $1.15 if Harris wins, or sliding to parity with the dollar in the case of a Republican sweep. Options traders are preparing for increased volatility, particularly in the euro, as the election results unfold. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180672955