History repeating?
The market is signaling an increasing chance of Trump sticking around in the White House. Either that or a divided Congress that would leave Biden unable to advance his agenda.
This is one heckuva reversal candle at the moment:
The move extended after a newswire headline cited online betting shop Smarkets showing Trump pulling ahead, implying a 52% chance of winning.
The FX market is moving on the same headlines with the dollar continuing to rally.
