November 3: the US election - a game changer?

It's time. You've been waiting for that for the last four years. Today, you will know. No, not about how to get rich without investing, thinking, and doing anything. You will know who becomes the next US President today. The market may be very active so make sure your Stop Losses and Take Profits are where they are supposed to be.

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The day of the British pound
The day of the British pound

While the GBP is preparing to see some news from the Bank of England and the political circles, the market is rather quiet and indecisive today - let's see the trends around.

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What to trade on Friday? Coinbase, gold, EUR/USD
What to trade on Friday? Coinbase, gold, EUR/USD

Coinbase dropped by 6.5% in pre-hours trading today, after reporting that revenue and earnings came out slightly worse than expected. Gold is moving up to $1840. EUR/USD is attacking local highs.

S&P500 erased the four-week gains!
S&P500 erased the four-week gains!

The global economic recovery led to higher inflation which in turn is believed to cause the recent plunge in the US and Asian stock markets.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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