Credit Agricole: USD outlook into the Nov-5 US elections ...Middle East

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As the November 5 US presidential election approaches, Credit Agricole analyzes the potential impacts on the US dollar, noting improving odds for a Donald Trump victory and the subsequent market reactions.Key Points:The rising likelihood of a Donald Trump win has led to renewed interest in "Trump trades," contributing to a rally in the USD.The key considerations for FX investors are the extent of the potential USD gains from a Trump victory versus the possible downside if Kamala Harris wins.Despite the ongoing uncertainty surrounding the election outcome, FX Positioning data indicates that investors are not heavily long on the USD.Recent USD gains are partially attributed to a reassessment o

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