Currency: What's Happening With The US Dollar & Euro?
The US elections , with Trump being crowned the next US president, have a multitude of repercussions for the global economy. From the domain of stocks and crypto to global politics, Trump’s meticulously planned economic strategies are affecting global economic infrastructure and impacting the currency dominions of major nations. As Trump ascends to his new role, his stringent policies about prioritizing the US dollar are now affecting other nations, derailing their values, including those of the Euro and INR. Also Read: Ripple Surges 14% On Gensler’s Departure Rumors: Can XRP Claim $1 Now? The Currency Dynamics Are Changing With The Euro Hitting A Yearly Low Source: FXstreet The euro has fallen to a yearly low against the US dollar in recent times. Euro is currently sitting at 1.05, treading on lower price ground. Per Reuters, the $1 prospect is also on the cards for the Euro, as Trump’s election win is signaling trouble for the currency in general. Trump has shown a rather fierce sta...