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: xStation5Meanwhile, Betfair shows that Trump's odds of winning are 71%. Previously, this rating was only 32%.
