The dollar rose slightly during the presidential debate between President Joe Biden and ex-President Donald Trump on Friday night – a debate where most analysts see Trump as the one who emerged victorious.
The market reaction was however limited. Against the krona, the dollar became 3-4 öre more expensive, and the stock market terms on Wall Street indicated a 0.3 percent increase for the S&P 500 index after the debate.
Trump has been the generally favored candidate on Wall Street and among many in the US business community, who hope for deregulation and want to avoid the proposals for tax increases that Biden has campaigned on.
The mood on Asian stock markets also got a boost during the debate, which may be connected to the fact that the presidential candidates did not make any new threatening statements about trade war with China.
