020 7898 0500Yesterday saw Donald Trump win the US Election. Market reaction towards the outcome fell short of expectations, with the US dollar moving within a two-cent range against sterling and four cents against the euro. Elsewhere, the US dollar gained 9% against the Mexican peso due to its connections with the US.
Looking to the day ahead, investors will be keen to see any further moves and or delayed responses from the American election results. Unemployment claims data is expected, and a greater-than-normal variance in expectations could provide more support for a US dollar rally or generate dollar weakness, depending on which way the data falls.
