FX168 Financial News Agency (Asia Pacific) reported that on Wednesday in the Asian market session, the US Dollar Index surged significantly, currently around 104.70, with a sharp rise of nearly 130 points during the day.

Impacted by the strength of the US dollar, spot gold fell from near $2750 per ounce level to around $2742 per ounce.

According to the real-time voting results from Fox News in the USA, as of now, Republican presidential candidate Trump has won 178 electoral votes, while Democratic presidential candidate Harris has gained 113 electoral votes.

In the US presidential election, candidates need to secure more than 270 out of the total 538 electoral votes nationwide to win.

The latest news indicates that Decision Desk HQ institution claims that Trump may win in North Carolina. This is the first swing state.

Financial website Forexlive analyst Adam Button stated that the US dollar is climbing again. At the same time, yields and Bitcoin are showing similar trends. All signs indicate that the election results are moving in favor of Trump.

Button added that the chances of the Republicans in the House of Representatives have also increased, which will be a key secondary factor to watch.

Brown Brothers Harriman analysts Win Thin and Elias Haddad stated: 'If Trump wins, we expect the US dollar and US Treasury yields to rise, as the fiscal and trade policies during Trump's presidency will lead to inflation.'

Shengbao Banks analyst Charu Chanana pointed out that the possibility of Trump winning in early voting has increased, leading to a stronger usd, which has indeed hit the Mexican peso, euro, and yen.

Chanana added that the Asian markets had thin liquidity in the early session, coupled with the excitement brought by the early election results, magnifying the market's expectations of Trump's increasing chances of winning.