The president of the United States, Donald Trump, took up his Twitter account to convince the markets of the Republican victory in the elections. In one of his tweets he said:
We have claimed, for Electoral Vote purposes, the Commonwealth of Pennsylvania (which won’t allow legal observers) the State of Georgia, and the State of North Carolina, each one of which has a BIG Trump lead. Additionally, we hereby claim the State of Michigan if, in fact,…..
— Donald J. Trump (@realDonaldTrump) November 4, 2020
With the last victory of his Democratic rival Joe Biden in Michigan, Fox projects 264 votes for him against the 270 needed.
Although the odds of a blue wave have already diminished, a Democratic victory is considered market-friendly. However, AUD / USD appears to dislike the announcements as Trump continues to block the Democrats’ path to the White House and increases market uncertainty.
Biden gana en Michigan
CNN has Joe Biden winning Michigan, a key state. Only Arizona and Nevada are needed for the 270 Electoral College votes. Meanwhile, the Trump campaign says it is taking legal action in Pennsylvania and declaring victory there. However, all ballots will not be counted until Friday, according to CNN.
Credits: Forex Street
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