Trump wins the U.S. election, and the dollar rises to a four-month high

ChainCatcher news, as investors position themselves for the prospect of Trump winning the U.S. presidential election, the dollar has risen to a four-month high.

Saxo Bank analyst Ipek Ozkardeskaya stated in a report that the so-called "Trump trade" is in full swing, as the election results point to a favorable outcome for the former president. The "Trump trade" refers to betting that his proposed policies (including tax cuts and trade tariffs) will trigger inflation and lead to higher interest rates. (Jin Shi)