Dollar Poised for Biggest Gain in Eight Years After Trump Win

Dollar Poised for Biggest Gain in Eight Years After Trump Win·The Wall Street Journal

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Trump has threatened to levy hefty tariffs on Mexico that could curb demand for its exports.

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