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AUD/USD weekly outlook: Five weeks lower, US election to decide the fate of the sixth
You may have heard that the US Presidential election is next week. It would be more amazing if you hadn’t. While betting markets have been favouring trump of late, I very much doubt it’s the slam dunk for Trump some markets were pricing last week. This could be a close race indeed, and that leaves the potential for volatility on Wednesday as the votes are officially counted. There are some concerns that the results could take days (or longer) to count, given the record amount of paper ballots reportedly being sent for this election. That could certainly dampen volatility, if so. There are also concerns of riots ... (full story)