Currency on course for best day since March 2020, while bitcoin also climbs
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The dollar looks set for its biggest one-day rise against other big currencies since March 2020 and bitcoin has jumped to an all-time high amid a jump in “Trump trades” as markets increasingly bet on a US election victory for the former president.
Donald Trump declared victory on Wednesday morning after taking the key swing state of Pennsylvania. Republican Trump led Democrat Kamala Harris by 267 electoral votes to 214 on Wednesday morning, with 270 electoral votes needed to win the presidency.
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