Forex: USD slightly higher on Rommey's early lead

FXstreet.com (Barcelona) - As poll results are coming out of the US on the Presidential elections day, with a Rommey lead in the early hours, the USD keeps struggling around the 200 day SMA at 80.65 for the USD index, right at current price, retracing from recent 2-day double high around 80.82. Current price also happens to be the 38.2% Fibo retrace of latest daily down leg 84.14/78.58 at 80.69.

Local share markets show a mixed result following the early rally in US equity markets, with SP500 closing higher by +0.79%. SP500 futures though are retracing a bit, while Nikkei index gains some +0.20% slightly below the 9000 points, and gold and oil had a nice surge Tuesday, gold up +1.86%, last at $1707.

As electoral vote count goes so far according to Bloomberg 21-3 in Rommey's favor, USD index is having a little lift last at 80.71, with EURUSD at session lows below the 1.28 round, AUDUSD at 1.0422, USDJPY at 80.19, and Cable at 1.5975.