Will the dollar drop if trump wins

If Donald Trump wins the presidency, the dollar will drop like a stone, and everyone will be poorer.

The Mexican peso has surged in recent weeks.(Supplied: Westpac)In the lead up to the 2016 election it fell to all-time lows against the US dollar. Traders in the peso were worried about Trump

The offshore Chinese yuan, seen as a currency that has much to lose if Trump wins due to his hawkish stance on China on trade and several other issues, dropped 0.25 per cent to 6.6959 dollar.

The offshore Chinese yuan, seen as a currency that has much to lose if Trump wins due to his hawkish stance on China on trade and several other issues, dropped 0.25% to 6.6959 dollar .

On the night of the election, if Trump wins, then the dollar will rise along with the stock market and gold will retrace, he explained. However, he added that it will be temporary “Because the monetary crisis will explode even more with Donald Trump.”