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Sterling swung sharply against the dollar after Donald Trump won the U.S. presidential election, climbing to $1.253 before trading flat near $1.238. The pound fell as low as €1.10 against the euro before recovering.
The dollar index fell almost 2% on the Trump result, a move that tends to support dollar-priced commodities, though the dollar's safe-haven demand later limited the drop.
independent.co.ukBen ChuNov 9, 2016After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
