After an impressive 7.5 yen rally, EUR/JPY is taking a well-earned breather after reaching important resistance at 131.00/05. US equities are consolidating as well, holding the bulk of the session’s gains.

In 2004, exit polls began to leak out around 2 pm, if memory serves. No matter what the final out come, expect Obama to have a commanding lead in the early exit polls. For what it’s worth, lines were very short in suburban Boston. In and out in 5 minutes at midday.