Candidates Strike More Professional Tone

The final US presidential debate last night saw both candidates striking a far more considered and professional tone. Trump notably showed a great deal of restraint and engaged in a manner which seemed world’s away from the aggressive and harassing approach he took last time around. There was hardly any of the interrupting and talking over each other that we saw last time around. It is worth noting that this was probably due in part to the fact there had been a change in the rules f the debate following the first meeting whereby each candidate had their mic muted for two minutes as their rival delivered a response to the opening question of each of the debate topics.

COVID Clash

The new rules of the debate paved the way for a much more substantive interaction this time around with the two candidates actually discussing policy. On the COVID pandemic, Biden reaffirmed his message that the President had failed to act quickly enough, had shirked responsibility and that, ultimately, having presided over the deaths of 220,000 Americans, should not remain in office. Trump, meanwhile, retorted saying that at the point he shut off Chinese access to America and when he banned European travel to America, Biden had accused him of “xenophobia”, saying he shouldn’t have closed off travel.

On Race

Over race issues, the president attacked Biden over his role in writing the 1994 Violent Crime Control and Law Enforcement Act which has been criticised as disproportionately increased the incarceration of young black men. Biden meanwhile accused Trump of being “one of the most racist presidents” in modern history. Trump suffered greatly over his handling of racial equality protests which flared up towards the end of lockdown and has still done little to address this.

Biden Takes The Lead

The tone of the evening remained mostly civil despite a few barbs here and there, Biden called Trump xenophobic while Trump once again laid into Biden’s son. However, in response to this Biden hit a home run saying: “There’s a reason why he’s bringing up all this malarkey, he doesn’t want to talk about the substantive issues. It’s not about his family and my family. It’s about your family.”

Over the issue of climate change Biden was once again seen leading Trump, acknowledging there is a major issue and saying that a focus on green energy would bring millions of new jobs. While Trump aimed to point out that he “knows more” about wind than Biden. Trump’s record on climate change speaks for itself and as with the other policy areas discussed tonight, his comments came off as disingenuous. In a snap survey conducted by CNN immediately after the event, 53% of participants felt Biden had won the debate, a view echoed in the increase seen across many national polls following the debate where Biden maintains a double-digit lead over Trump.

Technical Views

DXY

From a technical viewpoint. DXY is back under pressure today following the debate which was seen as favouring Biden. The index is now once again testing the 92.62 level support which, if broken, opens the way for a run down to test the year to date lows once more.

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