Dollar Weakens Amid Election
Tue, Nov 5, 2024 10:57 AM

Dollar Weakens Amid Election

A Flip by Shubhangi Gupta
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On the day of the U.S. presidential election, traders squared positions, and the dollar began Tuesday on the defensive after recent polls dampened some market expectations on Republican Donald Trump winning. The U.S. currency, however, fell as much as 0.76% versus the euro overnight, hitting a three-week low, following a weekend poll that shown Harris with an unexpected lead in Iowa.

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