Has the “If Trader” trade started?!
6/27In the presidential election between Biden and Trump in the United States,TVsome see that Trump's chances of winning increased due to his performance in the debate,7/1America's6monthISMManufacturing PMI fell short of market expectations, yet U.S. long-term interest rates rose sharply, stock markets and the dollar/yen exchange rate also rose, leading some to believe that a “Trump trade” has begun. This explains the course of the future dollar/yen exchange rate.
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