The ‘Trump trade’ took a bit of a breather last week as bargain hunters emerged to shop for its victims, including Treasury bonds and selected EM currencies that had been cheapened by the post-election selloff.

There were divergences in the so-called Trump trade last week.

Market uncertainty over the US election was resolved in the most clear cut way imaginable, as the Republicans swept not only the presidential contest but also the House and the Senate.

The US dollar has rallied against almost every currency in the world overnight, as investors digest the news of the big outperformance in the polls from Donald Trump.

Markets are bracing for the biggest event risk of the year this week, with Tuesday’s US presidential election to potentially be one of the closest races in recent history.

The ‘Trump trade’ continues to drive markets worldwide, and currencies are no exception.

Ebury, o companie fintech globală care sprijină afacerile să se dezvolte și să crească la nivel internațional, anunță numirea lui Mihai Lazăr în funcția de Country Manager pentru România. Mihai va colabora îndeaproape cu conducerea Ebury și echipele locale pentru a stimula creșterea și expansiunea pe piața românească, unde misiunea Ebury este să devină partenerul financiar preferat pentru firmele locale consacrate care își inițiază sau își extind afacerile internaționale.

The path of least resistance for the dollar continues to be up, on the back of strong economic numbers and market doubts about the extent and timing of future Federal Reserve rate cuts.

Following a period of depreciation, induced by Middle East tensions risk-off, the CEE currencies are back on their feet. Zloty, leading the pack, was one of only 3 EM currencies worldwide to strengthen against the generally well-performing dollar.