FOREX-Higher-risk currencies soar on Biden win, successful COVID19 vaccine

https://www.nasdaq.com/articles/forex-higher-risk-currencies-soar-on-biden-win-successful-covid19-vaccine-2020-11-09

The article discusses how the recent U.S. presidential election (as well as the progression of the COVID-19 vaccine) has influenced several currencies throughout the world. The currencies of nations such as Sweden, Norway, and Japan appear to be on the rise; however, the U.S. dollar has hit a 10-week low.

Once you finish reading the article, please answer the following questions:

1. How do you think global trade and monetary systems will be affected now that Joe Biden will be the president in the U.S. instead of Donald Trump?

2. According to George Saravelos, is the U.S. dollar projected to be higher or lower by the end of 2020 and why?