Quote Originally Posted by Lullapie View Post

The markets are factoring in a Trump win too. They are predicting a rise in the US$ if he wins, but a large fall if Harris wins. To me, that tells more about who is right for the US. Remember everyone, this is the US Election.

I like my political leaders doing what is best for my country, not what is good for everyone else.
Trump's publicly stated policy aim is actually to have a weaker dollar. He has always wanted that, even before he went into politics.

It's just that if he goes ahead with his policies, particularly tariffs and deportations, everything is going to get more expensive in the USA. This means the Fed will raise interest rates to cool inflation and global investors will then pour money into US bonds to get a piece of the high interest rates.

To do that they will have to sell their currencies and buy USD, hence the strengthening dollar (it's actually not really strengthening anymore but it was for a couple of weeks).