Dollar Stays Strong on Trump’s Win While Republicans Sweep Congress
Posted 6 November 2024Following Donald Trump’s clear victory over Kamala Harris in the US presidential election, accompanied by a full Republican “Red Sweep” in Congress, US futures, Treasury yields, and the Dollar all surged sharply higher. Markets are responding favorably to expansionary fiscal policies, tax cuts, and a pro-growth agenda under the new administration. Major European indexes also […]
The post Dollar Stays Strong on Trump’s Win While Republicans Sweep Congress appeared first on Action Forex.
Trump’s North Carolina Victory Boosts Dollar and Yields, Bitcoin Hits New High
Posted 6 November 2024Dollar rallied sharply today after news broke that Republican candidate Donald Trump defeated Democrat Kamala Harris in North Carolina, a crucial battleground state. This win is considered a pivotal move toward Trump’s return to office, sparking significant moves across financial markets. US stock futures responded with enthusiasm, with DOW futures climbing over 500 points. Meanwhile, […]
The post Trump’s North Carolina Victory Boosts Dollar and Yields, Bitcoin Hits New High appeared first on Action Forex.