My Tiny Feed

hu.euronews.com

Market Reaction to Trump's Potential Win

Bitcoin surged, the dollar strengthened, and the Mexican Peso and Hungarian Forint weakened based on early indications of a Trump victory in the 2024 US Presidential election.

Read original article in Hungarian

Hungarian

United States

PoliticsEconomyUs PoliticsFinanceCryptocurrencyMarkets

Fox NewsBloomberg

Donald TrumpKamala HarrisMike Caldwell

How did the Mexican Peso react to Trump's tariff threat?: The Mexican peso fell to a two-year low against the US dollar after Trump threatened to impose 25% tariffs on Mexican exports.
How did different currencies reflect market reaction to Trump's potential win?: The potential impact of a Trump presidency on the global economy is reflected in the fluctuations of various currencies, including the strengthening US dollar and the weakening Hungarian forint and Mexican peso.
What is the general investor sentiment towards Bitcoin under a potential Trump presidency?: Many investors believe a Trump presidency would be more favorable to cryptocurrency than a Harris presidency, although Trump previously called Bitcoin a "scam".
What was the impact of potential US election results on the US dollar and the Hungarian Forint?: The US dollar strengthened against major currencies, including the euro and Canadian dollar, while the Hungarian forint weakened against both the euro and the dollar.
What was the market reaction to the early indications of Donald Trump winning the 2024 US Presidential election?: Bitcoin reached an all-time high following early indications that Donald Trump might win the 2024 US presidential election.

Sep 25, 01:19

US Treasury Secretary Threatens to Withhold New York City Bailout

Treasury Secretary Scott Bessent stated the federal government will not bail out New York City if mayoral candidate Zohran Mamdani wins, citing potential financial risks from Mamdani's policy proposals.

Sep 24, 10:21

Erosion of Democracy in the US Under Trump's Presidency: Economic and Political Consequences

The Trump administration's actions, including the dismissal of top statisticians, threats to the Federal Reserve, and interventions in private companies, raise concerns about democratic backsliding and its economic ramifications.

Sep 21, 10:17

US Government Ends Annual Food Insecurity Data Collection

The US Department of Agriculture (USDA) announced on Saturday that it will cease annual data collection on food insecurity, citing the process as "overly politicized" and "unproductive", ending with the October 2025 report covering 2024, the last year of the Biden administration.

Sep 16, 04:18

Congress Faces Government Shutdown Deadline over Healthcare Funding

As a September 30 deadline looms, Congress is on the brink of a government shutdown due to disagreements over healthcare funding, with Democrats threatening to halt government operations unless Republicans agree to extend enhanced Affordable Care Act subsidies.