Investors poured into gold and worked on recalibrating their so-called Trump trades as Joe Biden’s exit from the presidential election race set off uncertainty in the market and halted an unrelenting rise in the US dollar.
The Australian dollar rose following news of Mr Biden’s exit, briefly snapping a five-session losing streak on Monday, before declining 0.3 per cent late in the session to end near a three-week low of US66.6¢.
