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Financial markets trade in tight ranges in anticipation of the most important event of the year – the U.S. elections.
On November 3rd, the American people vote for the next President and also for the representatives in the U.S. Congress. Both decisions have tremendous implications for financial markets and the dollar. As such, the market participants did not take unnecessary risks, and ranges predominated the price action in the last several months.
However, volatility is…
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