FXTM Market Update: What impact will the US Elections have on the Financial Markets? | 25/10/2016
October 25, 2016 2:11 pm
Financial markets may be exposed to explosive levels of volatility in the coming weeks as uncertainty mounts ahead of the US presidential election. There are many opportunities which could entice traders to jump into the markets to grab a piece of the pie. The Donald trump trade – USD/MXN may seize the limelight as most know the relationship with Trump and the Mexican Peso. The dollar could experience some volatility while China’s Yuan pressured. In times of uncertainty safe havens such as Gold and Yen could also receive a boost.
Financial markets may be exposed to explosive levels of volatility in the coming weeks as uncertainty mounts ahead of the US presidential election. There are many opportunities which could entice traders to jump into the markets to grab a piece of the pie. The Donald trump trade – USD/MXN may seize the limelight as most know the relationship with Trump and the Mexican Peso. The dollar could experience some volatility while China’s Yuan pressured. In times of uncertainty safe havens such as Gold and Yen could also receive a boost.
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