Mitch McConnell wins re-election in Kentucky, risk-off kicking in

Mitch McConnell is important considering stimulus hopes.

To date, he has not been able to get the support to pass an economic relief bill.  

We are seeing risk-off on the basis that the race is too close to call so far. 

AUD/JPY, regarded as one of the main crosses to watch and benefit from yen strength on uncertainty, is under immense pressure as the event gets going:

Exit polls are about to close in more states, so get prepared for further volatility.