Market News
Dollar surges, bitcoin hits record high as Trump claims victory - REUTERS
By Samuel Indyk and Kevin Buckland
- Dollar surges to 4-month high
- Trump claims victory after Fox projects he has won presidency
- Mexican peso, euro, Chinese yuan among hardest hit
LONDON, Nov 6 (Reuters) - The dollar was set for its biggest one-day rise since March 2023 against major peers on Wednesday and bitcoin jumped to an all-time high, with traders increasingly confident of a U.S. election victory for former president Donald Trump.
Republican Trump claimed victory in the 2024 presidential contest after Fox News projected he had defeated Democrat Kamala Harris.
Other news outlets had yet to call the race for Trump, but he appeared on the verge of winning after capturing the battleground states of Pennsylvania, North Carolina and Georgia and holding leads in the other four, according to Edison Research.
