FXTM Market Update: US Election Results | 10/11/2016
November 10, 2016 10:17 am
After the unexpected events and explosive events of Wednesday, anything can be expected in the financial markets. Global stocks plummeted following Donald Trump’s unexpected victory before later clawing back losses as investors digested the Trump reality. Currencies and commodities were placed on a chaotic roller ride with participants kept on edge. Uncertainty still remains a recurrent theme consequently empowering safe-haven assets. • The #EURUSD is extremely volatile with bears eyeing 1.0900 • #GBPUSD bears need to conquer 1.2400 • #Gold could edge higher towards $1300 amid the renewed risk aversion
After the unexpected events and explosive events of Wednesday, anything can be expected in the financial markets. Global stocks plummeted following Donald Trump’s unexpected victory before later clawing back losses as investors digested the Trump reality. Currencies and commodities were placed on a chaotic roller ride with participants kept on edge. Uncertainty still remains a recurrent theme consequently empowering safe-haven assets.
• The #EURUSD is extremely volatile with bears eyeing 1.0900
• #GBPUSD bears need to conquer 1.2400
• #Gold could edge higher towards $1300 amid the renewed risk aversion
For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt
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