Pros and cons of Trump and Biden's debate today!!
Today's debate between Biden and Trump may greatly affect the currency market, depending on the performance of each of them and the results of the debate. If Biden or Trump appears strong and in control, this could increase confidence in the stability of US leadership, which could strengthen the dollar. Conversely, if there are missteps or moments of weakness from one of the candidates, this could lead to increased uncertainty, which could put pressure on the dollar.
For example, any moment of weakness or misstep for Biden could increase calls within the Democratic Party to replace him with another candidate, increasing political uncertainty. On the other hand, financial markets are also awaiting important decisions from central banks and other financial events in June, which enhances the impact of this debate on the markets.
Hence, the debate could have a significant impact on the currency market, but the ultimate direction will depend on how the candidates perform and the impact on the economic and political outlook in the near future.
