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INDEPENDENT NEWS

US Presidential Election – Trump looking likely victor

By: HiFX
Published: Wed 9 Nov 2016 04:42 PM
Election news is coming in thick and fast. Much against expectations, it is looking increasingly likely the Donald Trump will emerge victorious.
According to electionbettingodds.com, Trump’s chance of winning is currently 80.3% versus 19.4% for Hillary Clinton.
The financial markets have been subject to massive volatility today, and the currency markets being no exception. The uncertainty created by a Trump win is unnerving the markets – local equity markets are down circa 3% on the day.
Current indicative rates are:
NZD-USD 0.7325 / 0.7350
NZD-AUD 0.9520 / 0.9545
NZD-EUR 0.6530 / 0.6555
NZD-GBP 0.5865 / 0.5890
NZD-JPY 74.45 / 74.70
HiFX
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HiFX is one of the largest foreign exchange and international payment specialists in the world, managing over $30 billion on behalf of over 100,000 clients worldwide every year.
Large enough to undertake the biggest transactions, yet small enough to care about each and every one – send and receive overseas payments and manage your account anytime, anywhere. HiFX gives you the flexibility you need to transfer money quickly and easily via a secure online platform 24 hours a day, seven days a week - making moving money as easy as 1,2,3.
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