Global FX Strategy_ Trump wins…what next for the USD_

06 Nov 2024 12:25:45 ET │ 11 pages Global FX Strategy Trump wins…what next for the USD? CITI'S TAKE President Trump's re-election is USD positive – but after a sharp move overnight and with positioning still long, we prefer to buy dips than chase here. The Fed is unlikely to respond to potential future policy, and we expect Powell can once again out-dove markets tomorrow; we like buying a USD dip should the Fed provide better levels. We reiterate our view from before the election that EUR and Scandies would ...