US dollar surges on Donald Trump's 2024 election win

TD Securities Global head of FX and EM strategy Mark McCormick joins Catalysts to break down the factors driving the US dollar's (DX=F) post-election rally. McCormick believes the bullish momentum in the dollar trade is just getting started. "There's a fundamental story here," he explains. "US asset markets, US equities, [and] the terminal rates have already been repriced higher. All of these things have legs and now have a continuation." With uncertainty lingering around other global currencies, McCormick sees the clearest trade opportunity as "buying into US exceptionalism with a much stronger US dollar coming through the first part of next year." Watch the video above to hear McComick's views on the European, German, Mexican, and Asian currencies against the US dollar.
#youtube #dollar #trump

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