Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

X DAY - Tuesday, November 8, 2016

X DAY - Tuesday, November 8, 2016

JP Morgan analysts believe that the Dollar will weaken regardless of the US electoral outcome. In the event of Trump's victory, NordFX analysts forecast that its fall may reach 10-15%. If, on the other hand, Hillary Clinton wins, the fluctuation of all indicators may reach ± ​​5%. 

The upcoming presidential election on November 8 could significantly change the situation in the US economy and consequently lead to major fluctuations of the dollar against other world currencies. The electoral platforms of the two major candidates for the US presidency, Hillary Clinton and Donald Trump, promise major changes in trade policies, according to Bloomberg. To add to this, according to analysts from JP Morgan Chase (one of the largest brokers) a victory of any of these candidates may result at the very least in increased tension between Washington and its partners, if not in outright trade wars. This carries the risk of a reorientation of investors from the dollar to other currencies.



This post first appeared on Trading Blogs And Financial Markets Analysis, please read the originial post: here

Share the post

X DAY - Tuesday, November 8, 2016

×

Subscribe to Trading Blogs And Financial Markets Analysis

Get updates delivered right to your inbox!

Thank you for your subscription

×