The main focus of the market is still on the development of the results of the US presidential election which saw more intense competition than expected.
So far, Joe Biden still leads by 238 seats compared to Donald Trump's 213 seats.
However, Donald Trump has managed to win in several major states (swing states), including Ohio, Florida and Texas, thus increasing his chances of becoming president for another 4 years.
Investors are now awaiting a decision on whether Trump will succeed in maintaining his position in the states that helped him win the 2016 presidential election, namely Michigan, Wisconsin and Pennsylvania or also referred to as the Rust Belt.
In the European session, the greenback dollar traded cautiously against a basket of major currencies at 93.91 (as of 5.30 pm).
The euro, on the other hand, showed a slight decline after falling to a 3-month low in the Asian session as markets continued to wait for the latest developments on election results.
Meanwhile, the pound continued to trade due to increasing pressure on uncertainty in the Brexit trade negotiations, which were said to be still stuck in fisheries issues and fair competition.
As for Asian currencies, the Aussie dollar and the New Zealand dollar remained trading lower after the previous session.
