FXTM Market Update: US Election Day | 08/11/2016
November 8, 2016 9:39 amVideo
Latest News
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Anticipation has gripped the financial markets ahead of today’s U.S presidential election with investor anxiety reaching new heights. Prices sensitivity remains rife and stocks have already started swinging between losses and gains as participants attempt to be on the right side of the winning trade. Dollar bulls remain in control as expectations heighten over the Federal Reserve raising US interest rates. Gold continues to display volatile characteristics as the chaotic combination of risk aversion and Dollars resurgence keep investors on edge. #elections2016
• The #EURUSD bears need to breach 1.1000
• #GBPUSD remains under pressure above 1.2400
• #USDJPY could lurch towards 105.00
• #Gold could find resistance around $1285
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