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EUR/USD smashes 1.0800 as US election exit polls point to a Trump lead
EUR/USD extends the sell-off below 1.0800, down nearly 1.50% so far, as the focus remains on the US Presidential election. With polls closed in most states, including critical battlegrounds, the Republican nominee is seen taking the lead, spurring a US Dollar rally.
USD/JPY storms through 154.00 on a potential Trump win
As initial results show former President Donald Trump may return to office, USD/JPY keeps pushing higher, recapturing 154.00 early Wednesday. The US Dollar recovers broadly, while stock markets are also on the run. More polls coming that may change the picture.
Gold price bulls remain on the sidelines, around $2,740 after early US election results
Gold price edges lower on Wednesday in reaction to the initial US election exit polls. Improving the odds of a Trump victory boosts the USD and weighs on the XAU/USD. A sharp rise in the US bond yields further undermine the non-yielding yellow metal.
Breaking: Bitcoin breaks above its all-time high of $73,777 ahead of election results
Bitcoin broke above its all-time high of $73,777 on Wednesday, fueled by Donald Trump's lead in the polls. Momentum indicators confirmed a bullish bias. BTC's next target could be the 141.40% Fibonacci extension level at $78,777.
DOGE could hit a new yearly high after 50% rally in twenty days
Dogecoin is up 8% on Tuesday following rising expectations of a Donald Trump victory in the ongoing U.S. presidential elections. If the bullish momentum continues, the meme coin leader could rise to a new yearly high.
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