Us Election Forex Market, Brad S Eye View Us Election October Surprise Financefeeds
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Nzdusd retreats from six week highs as early us election results reveal tight race november 4 2020 906 am nzdusd along with other risk sensitive assets retreated sharply on wednesday as early results from the us presidential election revealed a tight race while market players were prompted to wind back bets on biden victory.
Wahl us praesident 2020. In the current electronic marketplace all trading is open on election day. A correlation coefficient of 100 means that the 2 instruments are trading on a 1 for 1 opposite basis. The good the bad and the ugly for markets.
Posted on 2nd november 2020 2nd november 2020. Read on for our market outlook following election 2020 and how to prepare your portfolio. With less than two months to go until the 2020 us presidential election the two major candidates economic policies are less developed than usual leaving traders to read between the lines of public speeches and forecast priorities based on historical party trends.
So a tick higher in dxy would mean a tick lower in audusd. Bidens policies and potential market impact. Forex video us election impact on forex market.
The run up to the us election on november 3 is driving volatility in the foreign exchange forex markets and depending on the outcome could have an impact on several currencies beyond the us dollar. Eventually the skeptics cries were drowned out and the policy of open trading on election day became the norm. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances.
Forex markets are open during their regular hours 2 as is the cme globex futures market the nyse and nasdaq. Us elections market prices and what happens next.
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