Greenback climbs 1.5pc against yen and euro as traders eye Trump election win

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TOKYO, Nov 6 — The dollar surged around 1.5 per cent against the yen and the euro today as traders weighed the budgetary...

Analysts said there was also close attention being paid to Congressional races, adding that a clean sweep for Trump and Republicans would likely boost the dollar and Treasury yields owing to his plans to cut taxes and impose tariffs on imports.

Investors have been jockeying for position ahead of the election, which polls have shown to be too close to call.

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Category: EconomyBusiness

Markets: MalaysiaJapanUnited States

Topics: Us dollar US presidential election 2024 Donald trump Euro Japanese yen

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Article Type: News Report

Published On: 2024-11-06 @ 11:07:47 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

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