The election between Obama and Romney will have a massive effect on the Financial markets. Below is the video of the last debate. My point of view in summary is if Obama gets back in then we will see a rally up on EURUSD and Gold. If Romney gets in then the market will fall for a short period of time and then rally up as well.
It depends though, Romney would be much more devastating to the economy overall as all his plans do not add up in the present market climate.
If you are trading on the results then watch the polls to see what is most likely..