The dollar accelerates fall at the start of the US presidential elections.

• The dollar retreats significantly and Wall Street futures are up.
• Election day begins, with fears for the social and political impact of the results.

The dollar is accelerating the fall in the market, before an advance in the stock markets. Traders appear to be more optimistic that the US presidential election will not have a disputed outcome. The dollar index is trading at five-day lows just above 93.50.

The EUR / USD is having the best day in the week and cuts a streak of six days in a row with falls. It just set new daily highs above 1.1700. For its part, the GBP / USD is close to the 1.3000 area.

The backward movement of dollar It also occurs against currencies linked to commodities, with the AUD / USD moving strongly towards 0.7130, being the aussie of the most advanced. USD / CAD fell to 1.3135, the lowest level in a week.

Among the most traded currencies, the ones that are performing below the dollar are the yen, and especially the lira ture. The latter accelerated the decline pushing USD / TRY to new all-time highs in the 8.50 area.

The economic calendar shows that the factory orders report and the index of economic optimism will be published in the US, but it would be expected that it will not have any impact on the market. The focus is on the presidential elections.

Polls show Democratic candidate Joe Biden with an advantage over President Trump, but the outcome is uncertain. There are fears that a tight difference between the two could lead to riots in the streets and a period of uncertainty regarding the outcome. This would be negative for the markets.