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MUFG says US dollar to rise if Trump wins, but much of it priced in already

The info from MUFG has been around, but ICYMI.

In brief:

US dollar will likely rise initially if Trump wins electionTrump’s remarks indicate a higher risk that he will implement inflationary tariffs more quickly than he did during his first term as presidentGiven the rise of the USD during October further gains could be limited, rise being ‘priced in’EUR/USD likely to break under 1.05, but not below parity

This article was written by Eamonn Sheridan at www.forexlive.com.

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