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The ‘election premium’ in the currency market is collapsing…just like it did in 2016, notes SocGen

Currency traders are growing relaxed about the potential for volatility in the aftermath of the Nov. 3 U.S. presidential election as Democratic challenger Joe Biden holds a wide lead over President Donald Trump -- but the market saw a very similar move in the runup to the 2016 election, notes one currency watcher.
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