EUR/USD edging lower again after Trump victory 100% confirmed

An earlier update here noted the EUR/USD retracing some of its earlier losses. Well, it is now turning lower again and that move has been propelled by the 100% confirmation over the past hour; that Trump has reclaimed the White House. Perhaps the only potential fly in the ointment might be if the democrats can win the House, but they are still behind in that race. So, if Trump wins the House and the Senate (which he already has), it will be a clean red sweep and that could not for now strengthen the dollar even more. Of course at some point the new US President might try to push the dollar lower, but not yet it seems and that is weighing on the EUR/USD. The Euro is now re-approaching the lows. It is also seemingly ignoring the prospect; that the Fed might cut rates again tomorrow. The EUR/USD is trading right now at 1.0716