It is sure – Donald Trump became 45th President of the United States. Yesterday the moods were different – Hillary was supposed to take control in White House. The surprise is compared to the results of the Brexit referendum in June.
The fight over voters was quite equal most of the time. Different polls pointed Trump and Clinton as new POTUS. Despite that in the finish of the campaign Clinton was clearly in better position. Markets believed that Democrats will win and we could see it yesterday on USD – it was getting stronger.
Now the pair is totally higher. The pair even touched 1.1300 – it was 300 pips higher since the levels seen yesterday.
During the night you could observe the change in votes so there was a possibility of getting some profit out of the new volatility.
However it is not the EURUSD but exotic USDMXN was the most interesting pair. Volatility on this pair could impress even the most experienced traders:
Also the gold rallied yesterday, of course all those moves are so far clearly speculative.
To sum up influence of Trump’s victory, here are the scores of main indices:
- Nikkei225 -5.36%
- Shanghai Composite -0.61%
- Hang Seng – 2.16%
- CAC40 -1.55%
- FTSE -0.5%
- DAX -1.66%
