Economics
Currency Traders Flee to Havens as U.S. Election Roils Markets
- Greenback weakens to three-week low against the euro
- New poll puts Trump 1 percentage point ahead of Clinton
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Political risks rattled foreign-exchange traders Tuesday, sending the dollar tumbling against the yen, euro and Swiss franc.
The greenback weakened to a three-week low against the euro after an ABC News/Washington Post tracking poll placed Republican nominee Donald Trump 1 percentage point ahead of Democratic rival Hillary Clinton a week before the U.S. presidential election. The yen rallied, while the franc strengthened against all its major peers. The Mexico peso fell to a three-week low, while the Brazilian real plunged.