Elections: Trump is losing, looking for the exits, and markets are adjusting

Yohay Elam FXStreet

With sexual assault scandals and a 7% deficit in the polls, Trump trumps his own rhetoric about a rigged election. Blaming everybody else seems like what losers do. And reportedly Trump is also thinking about the next thing: a media enterprise. Markets prefer the Clinton Continuation and dislike the Donald Disruption. At this point, a Clinton victory is beginning to be priced in. The last presidential debate does provide a comeback opportunity for Trump, and three weeks are a very long time in politics. Nevertheless, at this point, a victory for Trump will likely trump the Brexit effect on markets.

Watch: Europe Market Open: US dollar takes a breather

Author

Yohay Elam

FXStreet

Yohay is in Forex since 2008 when he founded Forex Crunch, a blog crafted in his free time that turned into a fully-fledged currency website later sold to Finixio.

EUR/USD meets initial support around 1.1800

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GBP/USD bounces off lows, retargets 1.3550

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Gold remains offered below $5,000

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RBNZ set to pause interest-rate easing cycle as new Governor Breman faces firm inflation

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UK jobs market weakens, bolstering rate cut hopes

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