US President Donald Trump retake his twitter handle to convince markets of Republican victory in election during the early Thursday morning in Asia, Wednesday night for the rest.
Tweets
With his Democratic rival Joe Biden’s latest victory in Michigan, Fox projects 264 seats for him versus 270 required.
FX implications
Although odds of a blue wave have already receded, a Democratic victory is considered market friendly. However, AUD/USD seems to dislike the announcements as US President Trump keeps blocking the Democrats’ road to the White House and increases market uncertainry.
Read: Biden wins Michigan