While pouring cold water on the face of the Trump administration’s hopes of US election victory, Bloomberg came out with the news suggesting Democratic Party candidate’s victory in the Election College. Key quotes Joe Biden officially clinched the presidency after the Electoral College confirmed his victory Monday, capping a tumultuous period sparked by Donald Trump’s refusal to acknowledge he lost with the help of Republicans willing to support his unsubstantiated claims. The 55 votes from California electors put Biden over the 270 needed to win. FX implications As the news isn’t surprising the markets, due to the already known facts, risks remain heavy while eyeing the latest coronavirus (COVID-19) resurgence and Brexit uncertainty. However, an end to the US political dilemma can offer extra strength to the market’s risk-on mood when triggered. 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/CHF bounces at 0.8850 again, consolidates close to multi-year lows FX Street 2 years While pouring cold water on the face of the Trump administration’s hopes of US election victory, Bloomberg came out with the news suggesting Democratic Party candidate’s victory in the Election College. Key quotes Joe Biden officially clinched the presidency after the Electoral College confirmed his victory Monday, capping a tumultuous period sparked by Donald Trump’s refusal to acknowledge he lost with the help of Republicans willing to support his unsubstantiated claims. The 55 votes from California electors put Biden over the 270 needed to win. FX implications As the news isn’t surprising the markets, due to the already known facts,… 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.
