The 2024 US presidential and congressional elections are scheduled for November 5. HSBC strategists list some key dates to watch, along with moving elements that could impact the US dollar.
The possible consequences of the US elections for the Dollar seem varied
Multiple channels of influence mean that elections can affect the dollar in several ways, ensuring that they cannot be ignored, even if the results of each element end up creating a mixed picture for the dollar. However, it is also important to remember that the trajectory of the USD is not solely determined by elections and that politics is only part of the equation.
In summary, the possible repercussions of the US elections for the Dollar seem mixed, but, for the moment, we expect that the increase in uncertainty will support the dollar.
Source: HSBC Forecasts
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
