Fecha Actual:April 30, 2024

Election forecasts and the impact on the market

The closing of the US elections is expected on Wednesday. Next week will be the most defining week of the year for the dollar and commodities. Management funds and economists argue that the effects on the dollar could be pernicious regardless of the electoral results (since they are minimal differences between one winner or another). The impact expected by the market is an effective vaccine that is already circulating in the world and economies reopen. Now, everything will change if the electoral difference between one candidate and another is important. The final numbers will give indications if the international market can trust the dollar again or not. The balance will tilt towards the dollar and fall in commodities if Donald Trump wins with a significant difference.

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Market forecasts for the week of November 02 to 06 #eurusd #gpbusd #usdjpy #usdcad #xagusd #xauusd # sp500 Xdax

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