Analysts at TD Securities explained that polls suggest a number of individual close races in the US midterm elections, but most poll aggregators, betting markets, and expert analysis all point to Republicans picking up a seat or two in the Senate, while Democrats manage to capture a slim majority in the House of Representatives. Â Key Quotes: “We see the ex ante probability of divided government around 65%, with materially higher odds of a Republican sweep than a Democratic one.” “Treasuries: Split government should lead to a risk-off bull steepener, with markets pricing out Tax Cuts 2.0 and infrastructure spending.” “FX: Risks are binary for the USD, though this leans to the downside. The USD is a well populated long, so an outcome that wrestles away power from the GOP could compel markets to question the durability of the “Buy America” theme.” “A divided Congress should also calibrate to closing the wedge between relative macro surprises and the USD.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD: Historically, A Divided Congress Likely USD Negative – Nordea Yohay Elam 4 years Analysts at TD Securities explained that polls suggest a number of individual close races in the US midterm elections, but most poll aggregators, betting markets, and expert analysis all point to Republicans picking up a seat or two in the Senate, while Democrats manage to capture a slim majority in the House of Representatives. Â Key Quotes: "We see the ex ante probability of divided government around 65%, with materially higher odds of a Republican sweep than a Democratic one." "Treasuries: Split government should lead to a risk-off bull steepener, with markets pricing out Tax Cuts 2.0 and infrastructure spending."… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
