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Election Day Lifts U.S. Dollar to Best Quarter Since 2008: Chart

The run for the U.S. dollar has the currency on track for its best quarter since 2008.

Election Day Lifts U.S. Dollar to Best Quarter Since 2008: Chart
A delegate from Texas wears a cowboy hat with a campaign bumper sticker for Donald Trump, now the U.S.President elect. (Photographer: Daniel Acker/Bloomberg)
Election Day Lifts U.S. Dollar to Best Quarter Since 2008: Chart

(Bloomberg) -- With two trading sessions to go, the run for the U.S. dollar has the currency on track for its best quarter since 2008. Most of the gains for the Bloomberg Dollar Index came after Nov. 8 on bets President-elect Donald Trump will boost economic growth and inflation when he takes office next year. Some are sounding caution, with Nader Naeimi, who heads a dynamic investment fund at AMP Capital Investors Ltd. in Sydney, saying the rally may be running out of steam.

To contact the reporter on this story: Netty Ismail in Singapore at nismail3@bloomberg.net. To contact the editors responsible for this story: Jake Ulick at julick@bloomberg.net, Foster Wong, Tan Hwee Ann