November 6, 2024

Euro Slides to Five-Month Low as Trump Nears U.S. Election Victory

Euro Slides to Five-Month Low as U.S. Election Victory

Euro Slides fell sharply in European trade on Wednesday, dropping to a five-month low against the U.S. dollar as Donald Trump emerged as the overwhelming favorite to win the U.S. presidency. The EUR/USD pair plunged by 2.1% to $1.0702, reaching levels last seen in June. Trump’s expected return to office has raised concerns about renewed …

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Bitcoin Hits Record Highs After Trump’s Stunning Win

Bitcoin Hits Record Highs After Trump’s Stunning Win

Bitcoin Hits Record in the recent U.S. presidential election and it brought unexpected waves to global markets, especially in the cryptocurrency realm. As Donald Trump secured his position as the 47th president, Bitcoin surged to record-breaking levels above $75,000. Let’s explore how Trump’s victory, combined with his favorable stance on cryptocurrencies, set the stage for …

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