Dollar soars, euro tumbles as Trump wins US presidential election

By X-blogger - on November 7, 2024

The dollar soared to a four-month high after Republican Donald Trump won the U.S. presidential election, with policies on immigration, tax and trade expected to spur higher U.S. growth and inflation.

The Euro-Dollar pair plummeted 1.6% in the last session. The Stochastic indicator’s is giving a positive signal.
Support: 1.0392 | Resistance: 1.1147

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