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US Election: How will the new president impact FX? – #SaxoStrats video
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What may happen to the USD when the next US president - Trump or Clinton - is appointed, asks Saxo Bank’s head of FX strategy John Hardy.
He explains how a Trump win could mean greater market volatility and discusses which currencies may weaken or strengthen as a result.
Hardy also probes how a Clinton win would likely mean more fiscal stimulus compared to Obama’s government.
Finally, Hardy runs through the candidates’ tax policies and how different the US federal reserve could be under each presidential hopeful.