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Prediction markets price a Democratic sweep near 60 percent ahead of the midterms, with gold levels at 4,000 and 4,500 dollars in focus, FXStreet reports
- Prediction markets price a Democratic sweep near 60 percent ahead of the midterms, with gold levels at 4,000 and 4,500 dollars in focus, FXStreet reports — FXStreet reported on October 23 that prediction markets price a roughly 60 percent chance of a Democratic sweep in the November 3 midterms, about 30 percent for a divided Congress, and have almost priced out a Republican sweep. The analysis said the result could trigger a major repricing of the US dollar, Treasury yields and gold, with key gold levels around 4,000 dollars on the downside and 4,500 dollars on the upside. (FXStreet)
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