{"id":141431,"date":"2024-11-05T16:30:29","date_gmt":"2024-11-05T14:30:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141431"},"modified":"2024-11-05T16:09:43","modified_gmt":"2024-11-05T14:09:43","slug":"dollar-weakens-as-kamala-harris-gains-traction-in-final-election-countdown","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/dollar-weakens-as-kamala-harris-gains-traction-in-final-election-countdown\/","title":{"rendered":"Dollar Weakens as Kamala Harris Gains Traction in Final Election Countdown"},"content":{"rendered":"
A new poll indicated unexpected support for Democratic nominee Kamala Harris in Iowa, prompting market shifts. Barclays\u2019 Mitul Kotecha noted a Trump-related premium had previously boosted the dollar, estimating it contributed to a 3% rise in the dollar index, which could decrease if Harris wins.<\/p>\n
Betting markets have shifted, with Trump\u2019s chances now at 54% on Kalshi and 58% on Polymarket<\/a><\/strong>, down from last week\u2019s 64% and 67%.<\/p>\n This change reflects concerns that a Trump victory could lead to rising inflation, impacting the Federal Reserve\u2019s interest rate decisions. The Fed is expected to cut rates by a quarter-point on Thursday.<\/p>\n