For the time being, things have gotten a little quieter on the presidential front, as news of Biden's New Hempshire victory appeared. However, this does not change much. What distinguishes today's elections from those in 2016 is the victory of the Democrats in the House of Representatives - although the market expected it. This means that there is no chance for the Republicans to take full power (and thus easily pass the stimulus package if Trump wins - what now seems more likely).
Moreover, it can get nervous in the Senate. In Georgia, where we have 3 candidates, runoff is possible, which would not take place until January 5! In this case, we may not know the power distribution in the Senate for weeks. This cools the moods a bit, the dollar is slightly returning profits, although they are still considerable.
The EURUSD pair wiped out all yesterday's gains, but the support of 1.16 is still holding. Source: xStation5
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