The latest trends show that Joe Biden is losing ground on the Florida battlefield, now led by President Donald Trump.
Republican Maria Elvira Salazar defeats Democrat Donna Shalala for a Florida House seat, according to the Associated Press.
“Trump’s 3.5% victory in Florida nearly triples his 2016 margin of 1.2%“says FXStreet Senior Analyst Joseph Trevisani.
So far, Biden has won 13 states and Trump 16. But Biden’s national tally is higher at 131 electoral votes compared to Trump’s 108.
Trump leads in the 6 changing states:
Meanwhile, Wisconsin is unlikely to announce a winner tonight, Michigan needs until Friday and Pennsylvania on Wednesday or Thursday, according to the latest news.
Market reaction
Risk sentiment has stabilized over the past hour, with a Biden win back in the limelight after the Arizona trade. However, Trump’s leadership in Florida has had no impact on the market.
S&P 500 futures maintain their recent rebound, rising 1.50% on the day, while the US dollar consolidates the pullback below the 94.00 level.
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Credits: Forex Street
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