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Monday 7 November 2016

Forex: Top FX Headlines: November Surprise? Markets Places Bets on Election Outcome: 11/7/16: Forex News by DailyFX

Published on Nov 7, 2016
- The reactions across asset classes to US Presidential election developments has been consistent since September; price action after news the FBI has ended its probe of Clinton suggests markets are upping their bets on a Clinton victory tomorrow.

- What reaction? Just as Gold and the Japanese Yen rallied, and the US Dollar and US equity futures declined on October 28 when the FBI probe was announced, the reverse happened today once markets reopened after the news over the weekend.

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