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Trading The US Elections: ‘It’s Not Over Until The Fat

Clinton made lots of headway on the election eve  according to recent polls, mostly taken before the FBI boost. Also, massive Latino voting  helps her. However, Trump is far from finished, as the team at Danske explains:

Here is their view, courtesy of eFXnews:

Election Day is approaching and a very long election campaign is about to come to an end. The recent development in both national and state polls shows that it is not over until the fat lady sings and one should not rule out a Trump victory.

According to the average of national polls, Trump is enjoying the biggest support since the Republican convent and he has once again managed to comeback, exactly as we have warned about in recent editions. According to the current projections of the electoral votes based on state polls, Hillary Clinton has 226 solid or likely electoral votes and Donald Trump has 180 solid or likely electoral votes (270 to win). Thus, there are still 132 toss-ups to fight for.

Looking at the swing states, it is notably Trump who is ahead in Florida and Ohio, states that have historically voted for the winning candidate. If we distribute the electoral votes in the swing states based on who is leading in the state polls as of now, Clinton is only marginally ahead in the electoral vote count by 273 versus 265 to Trump. Clinton would win more comfortably if she manages to win one or two of the eight swing states.

In our view, it is also interesting that Trump’s supporters are more enthusiastic than Clinton’s.  In connection with the UK’s referendum, we learned that Brexit voters would go through ‘hell and high water’ to vote while the turnout among remainers disappointed. If this is anything like Brexit, it is good news for the Trump campaign.

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Yohay Elam

Yohay Elam

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 a 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.