You are here

White House race may affect US dollar

Analysts warn of 'pre-vote wobble' for greenback and 20% slide within months if Donald Trump were to win the presidency.

BT_20160518_CPBREXIT18_2285773.jpg
The US dollar's day of reckoning may come as early as July when the Republican and Democratic parties hold their conventions.

New York

TRADERS wanting to know what November's US presidential election will mean for the US dollar need look no further than the UK.

The pound plunged to a seven-year low and volatility soared, exceeding all other Group of 10 nations, on risks created by a referendum on European