Tomorrow is the first live debate between Donald Trump and Joe Biden and marks five weeks until the U.S. election. History indicates television debates don’t have an integral influence on election results, but Derek Halpenny, Head of Research for Global Markets EMEA, gives his FX forecast for the week as he explains why if there was ever a year to buck this trend, this could be it.
With the markets pricing in the prospect for an unresolved election and a contested outcome, and not to mention the rocky road ahead for GBP as it grapples with ongoing UK-EU trade negotiations, the MUFG market research team share their trade ideas for what is set to be a volatile few months in the markets.
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