US dollar declines post-debate as Octa links strong Kamala Harris performance to potential renewable energy investment boost.
Following the U.S. presidential debate, global broker Octa reports a decline in the US dollar, attributed to Kamala Harris's perceived stronger performance over Donald Trump. A Reuters/Ipsos poll indicated Harris's lead grew to 5%, raising her winning chances to 55%. This shift has sparked a 'Harris trade,' favoring renewable energy investments and signaling potential downturns for crypto stocks. The stock market remains unsettled, with a notable drop in the S&P 500.
September 30, 2024
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