A Trump Win Could Sink the Dollar

The dollar’s surge after the Federal Bureau of Investigation cleared Hillary Clinton of committing a crime sent the greenback close to the levels likely to prevail if she won the presidential election.

The U.S. currency rose as much as 1.5 percent versus the yen after the FBI said it’s sticking by the conclusions of the original probe back in July. That took the dollar to within 0.6 percent of the 105.25-yen level that the top 10 currency forecasters see it reaching within 24 hours of a Clinton victory. A majority said the dollar would tumble through 100 yen if Donald Trump won.

Bloomberg