Markets react to Presidential Debate | Asia Capital Markets
Coming Soon

Presidential debate lights up the markets

September 30, 2020 by Mario Soto

Nothing like a good old debate to get the markets going. Today we say the a battle for power in the US presidential debate and the markets are mixed on the result. firstly we see the S&P 500 futures drop by 350 points, eliminating any gains it had made after Trump mentioned the November 3 election result might be delayed. Much like one would anticipate, investors flocked to the dollar to find security. The EUR/USD fell from 1.1745 to 1.1727.  AUD/USD dropped from it’s high of 0.7146 to a low of 0.7102, the Pound went from 1.2872 to 1.2834 and the Kiwi fell from its daily high of 0.6611 to 0.6580. Gold also took a tumble declining from $1,900 to $1,890. Reuters has President Trump’s chances of winning the election at 40% after the first sparring match between the President and Democrat candidate and former Vice President Joe Biden.  But, as history would tell us, don’t count your chicken yet as the race isn’t over. Trade safe Traders and don’t forget to ask about our signal service as you can check out the details Here. #presidentialelection #Trump #presidenttrump #Joebiden #dollar #usdollar #GBP #AUD #NZD #Euro

Other News & Market Analysis Posts

Interested in expanding your knowledge about our services

Interested in expanding your knowledge about our services

Whether you’re just getting started or looking to sharpen your skills, our eBooks are designed to help you dive straight in to the world of forex trading. Learn everything from basic to more advanced techniques and much more. Simply fill out the form below to get access to your FREE ebook Now!