USD/CAD: PRICE HAS ROOM ABOVE 1.3200
USD/CAD: Price has room above 1.3200
Trump Leading Florida
Although Florida loves Trump, Biden inches closer to 270 required majority votes. Final results will take two more days, increased uncertainty can favor USD. Although Trump’s victory in Ohio offers a tough fight to the Democrats, his rival Joe Biden has 223 votes versus 270 required for a win, which in turn keeps the global markets hopeful of a blue wave. Traders cheer hopes of heavy stimulus if the Democratic Party dominates the US Congress amid mixed clues.
BUY SELL SIGNAL & ALERT
BUY/SELL on chart: Yes, a clear BUY or SELL is displayed on the chart at the new signal.
BUY/SELL alert: Yes, can be set for automted trading, mobile or desktop notifications.
SPX RISK
Risk barometers like S&P 500 Futures and the US 10-year Treasury yields fizzle the recent upside momentum. Monthly trade numbers from the US and Canada will join the American ADP Employment Change figures for October to offer intermediate moves.