Pound, Euro Tank vs Dollar: US Election Ignites Huge Moves Across Markets

Pound, Euro Tank vs Dollar: US Election Ignites Huge Moves Across Markets

November 7, 2024 – Written by David Woodsmith

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Donald Trump is the new US President.

Markets have made significant moves in the last 24 hours.

EURUSD is –2% lower, while stocks and Bitcoin are trading at new all-time highs.

Donald Trump is the new US President and the Republicans also took control of the Senate and are likely to control Congress.

The market reaction was emphatic. Stocks and Bitcoin…
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