Summary
The race for president between Hillary Clinton and Donald Trump gets nastier every day as the election day is approaching.
Many traders ask how they can be ready to make profits of any presidential outcome. Trade presidents? Who cares who will be the next POTUS if you are prepared for any scenario? Here is the answer.
FXStreet presents the US Election panel discussion in alliance with ForexLive and Armstrong Economics. The experts will be Adam Button and Martin Armstrong; the moderator will be FXStreet’s Editor and Journalist Ross Burland.
The players:
Martin Armstrong is the Chairman of Armstrong Economics, the creator of the Economic Confidence Model, and the FXStreet's Person of the Year 2015.
Adam Button is the CEO of ForexLive, a Currency Analyst for AshrafLaidi.com, and FXStreet's Person of the year 2014.
Ross Burland is a FXStreet Editor and Analyst, social activist and CEO of Thinktwicecharity.org.
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Editors’ Picks
EUR/USD capped under 1.13 as Lagarde hints at inaction
EUR/USD is trading below 1.13, steady. ECB President Lagarde hinted she will pause in next week's decision while urging leaders to agree on fiscal stimulus. US coronavirus data and Sino-American relations are eyed.
USD/JPY eases back to 107.50 as S& P 500 futures turn negative
USD/JPY reverses gains to test 107.50 amid souring risk sentiment, with S&P 500 futures back in the red. The coronavirus resurgence and regional lockdowns offset optimism over additional US stimulus talks.
GBP/USD holds up around 1.2550 ahead of Sunak's speech
GBP/USD is trading around 1.2550, holding onto its gains. UK Chancellor Sunak is set to lay out the fiscal stimulus plan. Brexit remains deadlocked as Johnson told Merkel that Britain could leave without a deal.
Gold holds steady near multi-year tops, just below $1800 mark
Gold remained confined in a range through the Asian session on Wednesday and consolidated the previous day's strong positive move to fresh multi-year tops.
WTI looks for a firm direction below $41.00, EIA inventories eyed
WTI recedes from intraday top while also keeping the bounce off daily low near $40.30. Global pressure on China, coronavirus resurgence keeps a lid on the blackgold. European oil giant follows BP and Shell to cut price forecast. EIA Crude Oil Stocks expected to drop 3.4M versus prior fall of 7.195M.