After the U.S. presidential debate, Nomura maintains its position of shorting the U.S. dollar in Asia.

On September 11th, Jin10 Data reported that Nomura Securities, including strategist Craig Chan, maintained a generally bearish position on the US dollar in the Asian forex market after the US presidential debate. Some post-debate polls show that Harris is likely to be the winner. If Harris can maintain a lead in post-debate polls, the dollar may weaken. Another potential support for Harris (after the debate) may be Taylor Swift, a well-known American female singer who supports Harris. Strategists wrote: “As Harris performed relatively well in the debate, we believe that the market’s concerns about Trump’s potential policies will be slightly reduced, which may impede the US anti-inflation trend and may slow down the global economic rise.” In the G10 forex market, Nomura is still shorting the Swiss franc/yen while going long on the pound/New Zealand dollar.