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Credit Suisse: Harris' victory could push the euro above 1.10 against the dollar
According to Jin Shi Data news on November 5th, Credit Suisse Bank stated that the US dollar has fallen due to the competition between Trump and Harris in the US presidential election on Tuesday, which appears to be more intense than market expectations in recent weeks. Credit Suisse analyst Ipek Ozkardeskaya said in a report that the euro against the US dollar is considered the most vulnerable exchange rate in the event of Trump’s possible victory, as the European Union faces the threat of tariffs. She said that Harris’ victory could push the EUR/USD exchange rate above 1.10. On the other hand, Trump’s victory or disputed election results could lead to capital flowing into the US dollar.