Expectation of Trump's Victory May Boost the Dollar
Publication Time:2024-08-07 05:56:07
A team of experts at Morgan Stanley analyzed the potential impacts of the US presidential election and pointed out that, even with the Republican Party making efforts to curb the dollar's appreciation, an increase in the likelihood of Donald Trump, as the Republican candidate, winning could have a positive impact on the dollar exchange rate. The report notes that, during Trump's previous victory, the key US dollar index experienced significant growth in November and December of 2016, suggesting that his policies may contribute to boosting the dollar. Furthermore, experts emphasize that if the Republicans win the election and implement an expansionary fiscal policy agenda, it could strengthen market confidence in US economic growth and attract more foreign capital into the US market.
Economic Growth
Trump's victory expectation
Strong Dollar
Fiscal Policy
Foreign Capital Flows