Dollar

As Donald Trump appears poised to head back to the White House, the US dollar and stock market are seen as winners, but a Republican presidency could weigh on bonds, emerging markets, clean energy and sustainable investing.

Here's how:

Currencies

The U.S. dollar and stock index futures experienced notable increases, while Bitcoin reached record highs, as investors anticipated a victory for Donald Trump in the presidential race. The dollar index, which measures the U.S. currency against six other major currencies, surged by 1.8% to 105.22, its highest level since July.

From the temples of Japan and the thermal baths of Hungary, to the islands of the Cyclades in Greece, American tourists are everywhere this summer, and Athens is among their top 10 destinations.

With the dollar rising, the value of the money in Americans' pockets seems to take them even further.

Japan's top currency official said yesterday that Tokyo was "on standby" to intervene after the yen fell to a new year-low against the dollar and plunged against the euro, Bloomberg reported.

The yen dropped below 151 against the dollar overnight after the Bank of Japan further loosened its control of bond yields but stuck with sub-zero short-term interest rates.

The United States of America itself is to blame for the fact that many countries began to give up trade in US dollars, Alexei Mozhin, Russia's representative at the International Monetary Fund, told "RIA Novosti".

“This building that we’re meeting in right now, this new half-billion dollar complex on your lot? ‘Titanic’ paid for that, so I get to do this”

The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money.

FX-protected deposit accounts that were launched some nine months ago have attracted more than 1.3 trillion Turkish Liras of savings, Treasury and Finance Minister Nureddin Nebati has said.

Having more lira assets and deposit accounts with longer maturity are crucial both to investments and loans, Nebati said.

The rapid rise of the U.S. dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout.    

For an importer, the surge in the greenback against the euro, yen or British pound is a plus, because it makes the products they buy cheaper.  

The currency lost 3% against the US dollar