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| Financial Assets You Should Watch Before the US Elections .. 🇺🇸
1. US Dollar (USD) .. 💵
- During the election season, the US dollar takes center stage. It acts as an indicator of risk appetite, and can signal trends in global commodities and other safe-haven assets.
2. Gold (XAUUSD) .. 📊
- Gold attracts capital during times of uncertainty, and its inverse relationship with the US dollar makes it a strategic hedge during periods of market volatility.
3. US Indices (US500, USTEC) .. 🇺🇸
- Indices such as the S&P 500 can fluctuate significantly during elections. Political changes affect market sentiment, creating trading opportunities and a level of risk as the results unfold.
4. Oil (USOIL) .. 🛢
- Elections can affect demand expectations in energy markets, causing sharp price movements. Traders focus on oil during these periods for risk and opportunity.
#forextrader #GOLD_UPDATE #OilMarket #newlows #informed
1. US Dollar (USD) .. 💵
- During the election season, the US dollar takes center stage. It acts as an indicator of risk appetite, and can signal trends in global commodities and other safe-haven assets.
2. Gold (XAUUSD) .. 📊
- Gold attracts capital during times of uncertainty, and its inverse relationship with the US dollar makes it a strategic hedge during periods of market volatility.
3. US Indices (US500, USTEC) .. 🇺🇸
- Indices such as the S&P 500 can fluctuate significantly during elections. Political changes affect market sentiment, creating trading opportunities and a level of risk as the results unfold.
4. Oil (USOIL) .. 🛢
- Elections can affect demand expectations in energy markets, causing sharp price movements. Traders focus on oil during these periods for risk and opportunity.
#forextrader #GOLD_UPDATE #OilMarket #newlows #informed
This week, several employment data will be released in the United States. On October 4, the United States will release the September unemployment rate and the September seasonally adjusted non-farm payrolls. On October 2, the United States will release the September ADP employment data. On September 30, Federal Reserve Chairman Powell will deliver a speech at the National Association for Business Economics.
#informed #tradesafely #tradingbtc #TradingMadeEasy #TraderEducation
#informed #tradesafely #tradingbtc #TradingMadeEasy #TraderEducation