USDCHF Sell Idea

11 בנוב׳ 2020

The recent election fraud allegations made by President Donald Trump, and the amount of leaders from different nations holding themselves to congratulate President-Elect Joe Biden makes it pretty obvious that the political environment in the USA is going to get messy. Uncertainty at the highest level of power in the U.S. makes a lot of market participants speculate about the near future of the U.S. Dollar. We have seen how the dollar has recently been trying to go bearish in the last few weeks, and it wouldn't be surprising if the higher up Donald Trump's fraud allegations get, the further down the U.S. Dollar could go in value as well.