Elections in the US should not play a major role for the US Dollar – Commerzbank DollarIndex US Elections Banks Growth FiscalPolicy
The US Congressional elections are coming up. Will the outcome be relevant for USD exchange rates? Strategists at Commerzbank do not think so.“Four arguments suggest that currency traders are unlikely to make a significant reassessment of the USD if the Democrats lose the majority in one of the two chambers). 1. Losing the majority in the House will not change Biden’s political room for maneuver too much. 2.
than by the budgetary policy of Congress. 4. On other FX-relevant issues , the differences between Democrats and Republicans are currently rather small.”in the long run, such as what they say about the likely outcome of the presidential election in 2024. But honestly, we will get a lot more relevant information about that in the next two years. There is no reason for theInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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