Home Breaking: Risk-FX dumping as US election race tightens

Breaking: Risk-FX dumping as US election race tightens

Updated: 4 Nov. 2020 | 03:32

Trump is leading the popular vote by almost a million votes right now and risk-fx doesn’t like the smell of it.

The dollar has spiked and the higher beta currencies, such as the Aussie, are dumping.

A popular means to measure the risk appetite in the forex market is via the AUD/JPY cross for the appeal of the safe-haven yen.

More to come…

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