AUD/USD at a Critical Juncture as Biden-Trump Spread Widens

The 2020 US presidential election is less than two months away, with opinion polls to be released in the coming weeks seemingly growing in their potential for market impact. The latest figures show Democratic nominee and former Vice President Joe Biden with in the lead in the general election vs. President Donald Trump. Having said that, they are tied in Florida, a key swing state. RealClearPolitics’ average of betting odds from online venues allowing speculators to wager on the election outcome have also significantly diverged after narrowing to their thinnest spread since the cross-over in June. While the … (full story)

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