The Traderszone Network

Currently 0.7682 on session highs helped by AUDJPY demand
Large lurking below 0.7600 but not in play atm
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Offers:  0.7765 0.7780  )

Philippine President Rodrigo Duterte congratulated Donald Trump on his election win and said on Wednesday he now wishes to stop quarrelling with the United States.

Your daily thread to exchange trading ideas and discussion 10 Nov
So while I hunt around for the order boards here’s your chance to throw around some trading ideas with your ForexLive community.

Positive tones as we wait on official openings 10 Nov
– DAX futures +0.7%
– CAC40 +0.6%
– FTSE +0.8%
Bund futures down 79 at 161.22
10-year German bond yields  up 6bps at 0.23%, highest since May

Submitted by Ryan McMaken via The Mises Institute,

While it is rarely stated explicitly, the legitimacy of the modern American electoral system is founded on the idea of majority rule. Because of this, at the conclusion of each election, the victors claim the election reflected “the will of the people” and, in many cases, also claim a “mandate” to implement the victor’s policy agenda.

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Mexico said on Wednesday it would work with Donald Trump for the benefit of both nations after his surprise U.S. election win.