According to the words of Joyce Meyer “Change is always tough. Even for those who see themselves as agents of change, the process of starting a new thing can cause times of disorientation, uncertainty and insecurity.” This is a statement that sums up the mood ahead of the US presidential elections.
On the 8th of November 2016 the Americans take to the polls to elect a new president, thereby ushering in a new era. With a change in administration guaranteed, the uncertainty in future policy direction will serve to increase the US dollar volatility in the short term.
This article looks at the risks to the USD ahead of the presidential elections in the United States. The article represents the opinion of the author and is not a comprehensive analysis of all the scenarios but broadly summarizes the bigger picture.
Major candidates and the electoral system.
The race to the White house will be a tight battle between the Democratic Party and the Republican Party. Former Secretary of State Hillary Clinton, who also served in the U.S. Senate and the First Lady of the United States will lead the Democrats bid to retain the presidency with her running mate being Tim Paine. …