Donald Trump is now triumphed and Joe Biden is the one to do so. Joe Biden is now the President of The United States with his Democrat party. This activity has gained a lot of traction and has changed a lot of markets. The world currencies have gained on the dollar including major currencies trending up at the commencement of weekday trading.
Mexican Pesos and Russian Ruble have been the highest traders following the election weekend. Asian currencies, more notably South Korean Won, has trended over almost 1 percent above the Friday closing. That was after the whole day of trading on the Asian markets. Nikkei has also been well-received among traders, whereas, Japanese Yen caused concerns in the market as the country is still battling COVID-19 recession.
Take a look at the following infographic for more information.
Infographic by: statista