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USD/JPY, gold, and crude oil forecast: election day set to unleash major market moves
USD/JPY, gold, and crude oil are poised for potential extreme volatility around the US election. This stems from the stark differences in energy, trade, foreign relations, and fiscal policies between Democrats and Republicans, as well as the uncertainty over whether either party can take full control of Congress, which could impact the implementation of their policy agenda. This note focuses on possible market reactions to scenarios likely to trigger big market moves, helping traders align those outcomes with key technical levels. As a market that’s been strongly correlated with the US interest rate outlook for ... (full story)