Donald Trump is emerging as a strong contender to become the 47th president of the United States, as exit polls indicate a lead for him in several crucial battleground states following victories in over 20 traditionally Republican territories. This newfound optimism surrounding Trump’s potential presidency is contributing to a rally in the US Dollar and boosting global equity markets.
As it currently stands, the electoral vote count shows Trump holding 211 votes while his opponent, Kamala Harris, has secured 145. Analysts project Trump has an 88% probability of clinching the presidency based on early data.
However, the race remains highly competitive in swing states, where final results may take several days to materialize. In Wisconsin, Trump leads with 51% of the votes compared to Harris’s 48% with approximately 63% of ballots counted. Challenges such as human errors and bomb threats have complicated the counting process, particularly in Milwaukee, where officials are re-evaluating over 30,000 absentee ballots due to issues with ballot tabulator seals. This recount could further delay the announcement of outcomes in Wisconsin, a pivotal battleground.
Exit polls from North Carolina reflect a similar trend, showing Trump ahead as well. Preliminary data from Michigan indicates Trump with a slight lead at 51.6%, while initial reports from Nebraska’s District 2 show Harris leading at 54.4%.
Georgia, another critical state with 16 electoral votes, has yielded early exit polling results suggesting a Trump victory, showing around 51.1% in his favor against Harris’s 48.2% with 90% of the count completed. Some analysts have already projected a win for Trump in North Carolina and Georgia.
In Pennsylvania, the most scrutinized swing state, Trump’s position appears to strengthen as results show him at 51.0% against Harris’s 48% after 76% of votes have been tallied. This state, with its 19 electoral votes, remains a focus for both campaigns.
In terms of market movement, the US Dollar has seen a correction, pulling back against its major peers but still reflecting a 1.42% increase for the day, indicating a resilient market response to the unfolding electoral situation.
