Currencies Outlook

Now that Trump has been given a carte blanche by US voters to implement his plans, what does this mean for EUR/USD and GBP/USD?
 

Currency markets are under the spell of the US elections. Looking further ahead, a new era is dawning, characterized by large government deficits, relatively high interest rates, geopolitical tensions and relatively low growth. As a result, FX volatility may well become much higher than in recent quarters.
 

As U.S. economic growth remains above potential, doubts grow over when the Fed might cut rates. Will election results fuel this uncertainty? And what’s the impact on EUR/USD?