Obama Leads in Ohio 51:48 – CNN Projection – EUR/USD

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According to the projection by CNN, Obama is the winner in Ohio, a key state in the presidential elections. If this is also seen in the real results, it will be hard for challenger Mitt Romney to find enough votes to change the situation. A 3% gain is significant, but far from final.

Update: Obama is re-elected – EUR/USD jumps towards resistance – will the dollar continue weakening, or could this turn around?

EUR/USD is now sliding lower to 1.2788.

North Carolina is a tie according to CNN: 49:49 – like Virginia.

Earlier, CNN projected a tie in Virginia, and non-battleground states were won as expected: Vermont to Obama and Kentucky to Romney. A tie was reported in Florida, but this is an early stage.

Further reading:

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Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.