The euro slumped against the US dollar as Donald Trump declared victory in the presidential election. The currency dropped nearly 2 cents against the dollar to a four-month low at 8:40 am CET. Meanwhile, futures are pointing towards a higher open in major European indices, including the pan-European Stoxx 600 and Germany’s DAX, mirroring movements on Wall Street. Dollar surges, sending euro and emerging market currencies downFinancial markets are experiencing heightened volatility as the results draw near, with the US dollar index surging to its highest level since July. This rise has placed d…