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EUR/USD on edge ahead of Georgia Senate runoff elections
For the traders hoping that the new year would bring a respite from the constant poll watching and political wrangling that characterized the end of 2020, I’ve got some bad news for you: the market is once again hyper-focused on a high stakes US election. What’s at stake? Because no candidate received a majority of the vote for either of Georgia’s Senate seats on 3 November, the state is holding a runoff election for both seats tomorrow, and the stakes couldn’t be higher. With Republicans currently holding 50 Senate seats and Democrats at 48, a Democratic sweep tomorrow would put control of the nation’s ... (full story)