The dollar index rose 0.76% to 104.14 as of 0048 GMT.
The dollar rallied broadly on Wednesday as early exit polls in the extremely close US presidential election appeared to give an edge to Republican Donald Trump.
With 10.1% of the vote counted in key battleground state Georgia, Trump had 60.9% to Democrat Kamala Harris’ 38.6%, according to Edison Research. Trump won eight states in the election while Harris captured three states and Washington, D.C., Edison Research projected. The early results were as anticipated, with the contest expected to come down to seven swing states.The dollar index – which measures the currency against six major peers including the euro and yen – rose 0.76% to 104.14 as of 0048 GMT.Bitcoin climbed more than 3% to $71,317. Trump is seen as more actively supportive of cryptocurrencies than Harris.
“It is too early to call any of these races and to make any real projections on the results so far, but the US dollar has regained a lot of ground lost recently,” said James Kniveton, a senior corporate forex dealer at Convera. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dollar eases as data leaves rate cut hopes intact - SABC News - Breaking news, special reports, world,Data on Thursday showed US consumer spending increased slightly more than expected in September
Read more »
SIU to investigate SABC and TNA Breakfast Briefings agreement - SABC News - Breaking news, special reports,SIU to investigate serious maladministration in connection with the affairs of the SABC and TNA.
Read more »
Trump makes campaign stop at Coachella rally in deep-blue California - SABC NewsImmigration and border security were also major highlights in Trump's speech.
Read more »
Trump pledges to lower taxes on Americans abroad - SABC News - Breaking news, special reports, world,Republican presidential candidate Donald Trump has pledged to lower taxes on U.S. citizens living abroad, in his latest attempt to lure voters before the Nov.
Read more »
Harris releases medical report, drawing contrast with Trump - SABC News - Breaking news, special reports,Vice President Kamala Harris has released a letter from her doctor, drawing contrast with Trump.
Read more »
ANALYSIS: What could happen if Trump rejects US election results - SABC NewsSome voting rights activists are concerned that Republican poll watchers could be disruptive.
Read more »