The ‘election premium’ in the currency market is collapsing…just like it did in 2016, notes SocGen

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Currency traders are growing relaxed about the potential for volatility in the aftermath of the Nov. 3 U.S. presidential election as Democratic challenger Joe Biden holds a wide lead over President Donald Trump -- but the market saw a very similar move in the runup to the 2016 election, notes one currency watcher.

 

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