Since I have less than a year in this market I have been wondering what affect will the Presidental Election in the United States have on the forex market? I know that when we enter an election year housing, small business and business in general slow down until after the election but how will this affect the market?
There are a lot of variables that make it hard to answer that question. A lot of it really comes down to the platform of the likely winner and the market’s perception of how likely it is for those policies to come to pass. For example, most folks feel that if a Democrat wins then taxes are heading higher, which has wide ranging implications.