Editor Desk
Nov 8, 20161 min
The dollar rose against the safe-haven Japanese yen and Swiss franc on Tuesday while the Mexican peso and Canadian dollar also gained as investors upped their bets on victory for Hillary Clinton in the U.S. presidential election. Market sources cited projections from data firm VoteCastr favoring Clinton in a number of key battleground states, which could put the former secretary of state over the top in the election, as moving the cluster of currencies. A victory for Republican Donald Trump would be expected to drive capital into the perceived security of the Japanese yen and Swiss franc and be negative for the economies of Canada and Mexico.