Upcoming debate could put some short-term focus on upcoming US electionsLikes med-term USD upside exposureUSD upside exposure has added benefit of hedging against non-US political risks (France)Thinks the most negative scenario for both the USD and the S&P500 is a democrat sweep, while the most positive scenario for both is a republican sweep
Below is a breakdown of their estimates for what the various election outcomes will mean for the S&P, major pairs and for 10Y treasury yields.
This article was written by Arno V Venter at www.forexlive.com.
