Wall Street's main indexes opened higher on Wednesday as the race for the White House went down to the wire
Technical Analysis
Information is not investment advice
The odds of Trump re-taking the White House has risen quite substantially since yesterday. EUR/USD have dropped on this nearly a figure to from the 1.17's to 1.16's while now is trading in the middle of that range.
07:00 MT time: what's the status of the US Presidential Election on November 4?
GBP/USD has just surpassed the hurdle at 1.3005
Today's key event is the US election, where the Democratic party leads according to some polls. Joe Biden, the Democratic presidential candidate, has a 61% chance of winning the presidential election tonight according to the latest update from prediction markets.
The oil market is down to June/March levels - which factors are affecting it now?
EUR/USD currently below the 1.1650. Everyone is waiting for the results of the US elections, and the direction of the EUR/USD will be determined them.
EUR/USD very little changed since this morning trading at the area of 1.1680, while USDJPY is trading at 104.50
Futures are back in 'red' this morning following a few disappointing tech earnings reports after the US closure.
ECB's Jochnick supports that the possibility of a double-dip recession cannot be ruled out yet
EUR/USD is trading below 1.1750. Any further downside pressure will push prices down to 1.1730 and even lower to 1.1700.
U.S. stock markets are set to open with a modest bounce after their worst day in over a month on Monday.