The U.S dollar rose against the Japanese yen and Swiss franc on Tuesday, November 8, while the Mexican peso and Canadian dollar gained as investors upped their bets on a win for Democrat candidate, Hillary Clinton in the U.S. presidential election, Reuters reports.
Market sources cited forecast from data firm VoteCastr favouring Clinton in a number of key battleground states as moving the cluster of currencies.
The dollar rose as high as 105.19 yen, its highest against the yen JPY= since Oct. 31. It was last up 0.55 percent at 105.04 yen. The dollar gained 0.25 percent versus the Swiss franc CHF= to 0.9766 franc.
The Canadian dollar CAD added 0.2 percent against its U.S. counterpart and the Mexican peso rose more than 1 percent against the greenback, touching its highest since Sept. 8.
The euro EUR= fell against the dollar, retracing early gains, and was last down 0.15 percent to $1.1021. It had earlier fallen to $1.1009, its lowest against the dollar in a week.
The gains against the euro and yen helped push the dollar index .DXY, which measures the greenback against six major world currencies, to its highest level in a week.
Clinton has a 90 percent chance of defeating Trump, according to the final Reuters/Ipsos States of the Nation poll released on Monday.
Clinton was on track to win 303 votes in the Electoral College to Trump’s 235, clearing the 270 needed for victory. She also leads Trump by about 44 percent to 39 percent, according to the poll.
