Dollar falls slightly as Biden decides not to pursue re-election

  • 3 months ago
Dollar falls slightly as Biden decides not to pursue re-election

Transcript
00:00The dollar eased slightly against other currencies following President Joe Biden's decision
00:05to drop out of the U.S. presidential race.
00:08According to the head of Global Forex Research at BOFA, if Trump wins, tax cuts and terrorists
00:14will make the dollar stronger.
00:15However, some analysts said it was too soon to evaluate Biden's action in light of the
00:21market's anticipation of election results in the coming days and weeks, and others believe
00:26that the dollar would undoubtedly continue to strengthen regardless of the outcome of
00:31the presidential election.

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