US dollar index soars nearly 2% to hit 4-month high as Donald Trump takes early lead in polls

US dollar index soars nearly 2% to hit 4-month high as Donald Trump takes early lead in polls

The US Dollar Index, which measures the greenback’s strength against a basket of six major currencies, surged by 1.9% to 105.30 on Wednesday, November 6 to its highest level in almost four months. This rally was driven by early reports suggesting that Republican candidate Donald Trump is edging closer to securing a second term in … Read more

Trump Media stock jumps 15% on Election Day as betting market hints at a Trump win

Trump Media stock jumps 15% on Election Day as betting market hints at a Trump win

Trump Media & Technology Group Corp., the parent company of the former president’s Truth Social platform, jumped more than 15 per cent on Tuesday as voters head to the polls. The stock, which trades as the ticker symbol DJT, is notoriously volatile and is broadly considered a meme stock. The former president’s odds improved in … Read more

Wall Street week ahead: All eyes on US presidential election, Federal Reserve rate decision

Wall Street week ahead: All eyes on US presidential election, Federal Reserve rate decision

As Wall Street is bracing for the US presidential election on Tuesday (November 5), market participants will keenly watch its outcome and the Federal Reserve’s monetary policy decision in the week ahead. According to several reports, Democrat candidate & US Vice President Kamala Harris and Republican opponent & former president Donald Trump are in a … Read more