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Canadian Imperial Bank of Commerce | 6-K: Report of foreign private issuer (related to financial reporting)
New York Forex Market: The US dollar fell as investors cut back on Trump trades ahead of election day.
As traders reduce their bets on Trump trades, the US dollar has fallen against all major currencies. The dollar continues to fluctuate. The yen and the franc are performing well among G-10 currencies. The Bloomberg Dollar Spot Index once fell by 0.7%, marking the largest decline since August, before narrowing. A poll by the Des Moines Register shows Kamala Harris leading in Iowa, where former President Trump won in the previous two elections. This survey may be an outlier, but it indicates a constantly changing dynamic. "Polls in Iowa are driving people to cut back on the so-called Trump trades."
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