FOREX-Dollar on defensive as markets on edge ahead of U.S. election outcome

The U.S. dollar was on the defensive and risk-sensitive currencies held firm early on Wednesday as markets remained jittery amid uncertainty over the outcome of the U.S. presidential election. U.S. President Donald Trump was projected to win Indiana’s electoral votes, Edison Research said on Tuesday, the first state to be decided in the race against his Democratic rival Joe Biden. The contest was still too close to call in several states and markets were on edge ahead of the final outcome, which may not be known for days.

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