Kamala Harris' rise in the polls causes the dollar to fall
The US currency is down 0.57% against the euro and 0.35% against the pound sterling this morning, as the prospect of a Trump victory had previously supported the greenback, reports l 'AFP.
“The polls published this weekend have shaken the certainty with which some market players were able to bet on the victory of Donald Trump,” notes Ulrich Leuchtmann, analyst at Commerzbank.
In particular, an influential local daily poll Des Moines Register gives Kamala Harris the winner in Iowa, a state where her Republican opponent has won in each of the last elections.
However, the greenback had previously benefited from market bets on a new election of the ex-president, who plans to implement “inflationary policies, potentially reducing the ability of the Federal Reserve (Fed) to reduce interest rates. interest,” underlines Hal Cook, analyst at Hargreaves Lansdown.
The Mexican peso, on the other hand, benefits from the improvement in Kamala Harris's victory prospects: it jumped 0.84% against the greenback, to 20.11 pesos per dollar.
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