Rabobank: Trump expectations will favour safe-haven currencies
Rabobank says the likelihood of a Republican victory could spark a flight to safety and a broad correction in many risk assets
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The central banks of safe-haven currencies have long battled to prevent them hitting excessively high levels when uncertainty ramps up in global markets. Now, they will have a new battle to fight if Republican candidate Donald Trump triumphs in the US presidential election on November 8, says Jane Foley, an FX strategist at Rabobank, which topped FX Week's three-month forecast rankings.
With only six weeks to go before Election Day, Foley says we could see elevated
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