 Dollar trades broadly lower as results of US mid-term election kick in. At the time of writing, Democrats already claimed victory of 163 seats in the House while Republicans got 159 seats. And the Democrats have already achieved a net gain of more than 23 seats up to regain majority of House. Republicans will keep control of the Senate as widely expected. The question now is how much a majority would the Democrats get. And it seems the larger the majority, the more bearish the greenback is. Staying in the currency markets, New Zealand Dollar is the strongest one for today as boosted by stellar employment data. Euro and Australian Dollar are the second and third strongest. It seems like disregarding the impact of data, Euro and Aussie are the biggest beneficiary of US elections. Canadian Dollar is the second weakest as also dragged down by free fall in oil prices. Yen follows as the third weakest. In other markets, DOW closed 0.68% higher at 25635.01 overnight. S&P 500 rose 0.63% while NASDAQ added 0.64%. Treasury yields were mixed with 10 year yield up 0.013 to 3.214. 30 year yield was down -0.006 at 3.426. Asian markets are cheering US results with Nikkei trading up 0.45%, Hong Kong HSI up 1.17%, China Shanghai SSE up 0.26%, Singapore Strait Times up 0.53%. Technically, EUR/USD's rebound from 1.1302 resumes by breaking 1.1455 temporary top and should be heading towards 1.1621 resistance. That hints that USD/CHF will likely dip through 0.9968 too as correction from 1.0094 extends. GBP/USD's rebound is on track for 1.3297 resistance despite more Brexit jokes. EUR/GBP also finally broke 0.8722 support, despite weak momentum, and should be heading to next support at 0.8620. | 
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