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Commonwealth Bank of Australia: If Harris wins, the dollar could depreciate by 1% -2% this week.
The New Zealand dollar strengthened against the dollar in early trading on the prospect of a position correction ahead of Tuesday's US Presidential Election. The dollar is "likely to trade broadly this week" because of the election, the Commonwealth Bank of Australia's global economics and markets research team said in a note. The team said the dollar could climb if Mr. Trump leads in the early count of votes in the live vote. However, Democratic voters are more likely to vote by mail or in pers...
2024-11-04 04:20:06
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