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Biden's win in Arizona gives 290 electoral votes

Biden's win in Arizona gives 290 electoral votes | 13 November 2020

13 November 2020, USD/JPY

Biden's win in Arizona gives 290 electoral votes

USDJPY trading plan:

President-elect Joe Biden cemented his electoral victory by capturing the battleground state of Arizona late, but the transition to his administration remains in political stasis as President Donald Trump refuses to accept defeat. Biden's win in Arizona gives the Democrat 290 electoral votes in the state-by-state Electoral College that determines the winner, more than the 270 needed to claim victory. Biden is also winning the popular vote by more than 5.3 million votes, or 3.4 percentage points. The Trump campaign has filed lawsuits challenging the vote counts in numerous states, although some have already been thrown out by judges. Legal experts have said the litigation stands little chance of altering the outcome, and state election officials have said they see no evidence of serious irregularities or fraud.

Trading recommendation: range 104.50 -105.25.

David Johnson
Analyst of «FreshForex» company
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