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The Result Of Trump'S Victory Is That The Aussie May Be "Most Hurt".

2016/10/1 15:41:00 38

Australian DollarExchange RateTrump

If Trump (Donald Trump) wins the US presidential election,

Australian dollar

Probably the most serious injury.

The analyst called this "unexpected paction" in the foreign exchange market.

Boris Schlossberg, managing director of BK BK Asset Management, said that in the past month, Mexico Peso has always been a "reverse pronoun" reflecting Trump's political future in the foreign exchange market.

along with

Trump

In the poll, Mexico's peso fell, and the peso rose if the support rate slipped.

This is evident in the first round of debate on Monday's US presidential election.

Because the market thinks Hilary (Hillary Clinton) performs better than Trump, Mexico Peso surges against the US dollar.

Trump used global trade as a major player in the general election, and to the United States from Mexico.

Imported goods are especially pessimistic, so his policies may be harmful.

Mexico economy

Worried by the market, if Trump wins, it will damage the country's exports to the United States. Recently, the Mexico Peso set a record low.

But Schlossberg said in an interview with CNBC: "frankly speaking, I think this factor is already reflected in the Mexico exchange rate."

Schlossberg is targeting the Australian dollar. He believes that China is Trump's "biggest enemy" except Mexico.

Trump has repeatedly pointed out that China is a "problem" for the US economy.

Before he proposed to impose higher taxes on goods imported from China, Trump also said that US leaders should adopt a more forceful attitude towards the RMB exchange rate.

Schlossberg said: "because Australia supplies most of China's imports of commodities, this may have a big impact on Australia."

According to the Parliament of Australia, China is Australia's largest trading partner and the latter is China's sixth largest trading partner.

Schlossberg added that because the Aussie dollar enjoys an advantage over the US dollar, if the Trump wins and the US may raise interest rates, the Australian dollar will also suffer setbacks.

According to a recent survey by NBC News/Survey Monkey, 52% of potential voters said Democratic presidential candidate Hilary won the first round of debate, while 21% believed Trump had won.

During the presidential debate, Mexico's peso rose against the US dollar, but the Aussie dollar rose slightly against the US dollar.


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