How will the elections affect the US dollar exchange rate? Expectations and realities
Almost any political event influences the dollar exchange rate, including presidential elections.
Presidential elections exert the strongest pressure on the value of the national currency, and this is not surprising.
After all, a change in power brings about a change not only in the ruling elite but also in the interests they lobby for, and this inevitably impacts the country's economy.
Some presidents pursue social policies that weaken the economy, leading to increased inflation, while others, on the contrary, accelerate the pace of economic growth, strengthening the national currency.
How will the elections affect the dollar exchange rate this time?
First of all, it should be noted that the value of the American currency is also affected by the situation that is developing in the country – protests, rallies, riots.
But after the results are summed up, the situation may be ambiguous; if street riots, as predicted by some analysts, break out, then it is clear that the dollar exchange rate will also decline.
If everything goes more or less calmly, then we need to see which of the candidates for the post of head of state wins.
A Biden victory is widely expected to lead to a decline in the US dollar, but could also trigger positive trends in energy markets and the stock exchange.
This candidate's family is connected to the oil and gas business, so it's logical to expect higher prices for these products. Furthermore, economic stimulus will lead to increased demand for energy.
It's also easy to predict how the election will affect the dollar exchange rate if Trump wins. A strengthening of the national currency and a slight decline in stock prices are highly likely.
Oil and gas prices may remain stable and not change significantly.
market volatility are possible during this period , and gaps are possible.
Current US dollar exchange rate - https://time-forex.com/kotirovki
