The US dollar traded lower against all of the major currencies on Tuesday. This broad based decline is a reflection of the market’s concerns about how the US political and economic landscape could change in the next 24 to 48 hours. There are two Senate runoff elections in Georgia that will determine which party controls the Senate. Polls close at 7pm Eastern Time but if its very close, it may be hours or days before the final results are known. These Senate elections are important because they determine what type of policies will be passed over the next four years. If Raphael Warnock and Jon Ossoff, the Democratic … (full story)
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