Trump or Biden, Who's Best for Dollar vs. Euro?

(Bloomberg Opinion) — Strategists at JPMorgan Chase & Co. wrote this week about the odds narrowing on a Donald Trump win in the U.S. presidential election. His opponent, Joe Biden, is still comfortably ahead in the polls, but the bank’s commentary got me thinking about what impact the result might have on Europe’s markets, not least on the euro. What would four more years of Trump mean for the single currency, and would a Biden presidency mean anything different?The dollar’s weakness has become a cause of angst for the European Central Bank, which doesn’t have an official mandate to manage …read more

Source:: Yahoo Finance

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