MUFG says US dollar to rise if Trump wins, but much of it priced in already

The info from MUFG has been around, but ICYMI.

In brief:

• US dollar will likely rise initially if Trump wins election
• Trump’s remarks indicate a higher risk that he will implement inflationary tariffs more quickly than he did during his first term as president
• Given the rise of the USD during October further gains could be limited, rise being ‘priced in’
• EUR/USD likely to break under 1.05, but not below parity

This article was written by Eamonn Sheridan at www.forexlive.com.