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Donald Trump has stunned the world by defeating Hillary Clinton to be elected the 45th president of the United States in one of the most divisive elections in modern US history. The triumphant billionaire walked on stage to deliver his victory speech in New York to chants of "USA, USA!" after crucial victories in swing states such as Florida and North Carolina took him beyond the 270 Electoral College votes required to take The White House.

The celebrity businessman and political novice pledged to bind the wounds of division and called on Republicans and Democrats to come together after a "nasty" presidential race. Mr Trump paid tribute to his rival for a hard-fought campaign and promised to be "president to all Americans".

 

Euro is currently being traded around 1.11 handle, Sterling is at 1.24 level, while Aussie is below 0.77 area.

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