The potential for a stronger dollar following Donald Trump's election victory could benefit major European exporters such as Roche Holding AG and Ashtead Group Plc.

These companies generate a significant portion of their revenues in dollars, which could provide a cushion for them in the face of potential trade policies.

While the threat of tariffs in a potential second Trump term looms, the strength of the dollar may help these firms navigate the uncertain economic landscape more effectively.

The impact of these dynamics on European markets will be closely monitored by investors in the coming months.