US dollar index soars nearly 2% to hit 4-month high as Donald Trump leads
Wed, Nov 6, 2024 1:13 PM

US dollar index soars nearly 2% to hit 4-month high as Donald Trump leads

A Flip by Shubhangi Gupta
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The US Dollar Index, which measures the greenback’s strength against a basket of six major currencies, surged by 1.9% to 105.30 on Wednesday, November 6 to its highest level in almost four months. This rally was driven by early reports suggesting that Republican candidate Donald Trump is edging closer to securing a second term in the White House.

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