Trump leads the betting polls, the return of risk aversion

Despite the fact that votes are still counted in many swing states, and many of them are currently led by Biden, the market is seeing a significant retreat from risk. The dollar is gaining, yields are sharply down, and the Wall Street futures are also in retreat.

EURUSD is testing the recent local lows. Source: xStation5

Do investors fear the wall with Mexico again? USDMXN at its highest level since October 7. Source: xStation5

The initial increase in bond yields is being offset. Currently, 10-year yields are falling by almost 10 basis points. Source: xStation5

 

Meanwhile, Betfair shows that Trump's odds of winning are 71%. Previously, this rating was only 32%.

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