Markets move generally very cautiously in such a key day. Today is the U.S. presidential elections; its outcome is rather uncertain.
European stock markets have operated with moderate gains in Tuesday's session.
The proposals of the leading candidates are very different, and clear; we expect an equally convincing reaction of markets in New York Stock Exchange with the final results of the election act.

However, this reaction does not take place until Wednesday, with the numbers that matter, and with the first conclusions on the minds of investors.

In recent days the sterling was slightly affected by data from October manufacturing output, which grew less than expected. Anyway, the British currency is still displayed in the short term as bullish.

Also, the euro recovered some positions, and away from its minimum opening session, when it touched 1.2760, the low of two months. Its trend is slightly bullish for the next few hours, even when we do not expect large amplitude movements for the American session.

The Australian dollar is in better condition now: after several months of uncertainty, the Reserve Bank of Australia again increased interest rates, perhaps before the imminence of a resurgence of inflation. Now the rate of 3.25% is governing the Aussie. It has given a very strong upward trend; it is the strongest market in the short term.