Why EUR Refuses to Fall & the US Dollar’s Decline

With 13 days until the US Presidential election, it is no surprise to see investors selling US dollars. President Trump and Democratic presidential nominee Joe Biden are locked in a tight race. The polls favor a Biden victory but investors can’t help but eye these surveys with caution. Trump won’t give up easily and in key battleground states, voters are very motivated to vote. If Biden wins by the narrow margin, Trump may not leave office willingly. As we wrote in our 5 Crazy Scenarios for the US Election, “If it weren’t tragic, it would truly be comic. Two septuagenarians fighting over the Presidency like … (full story)

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