by Christopher Nye | Nov 5, 2020
The vote count for the US election continues, with Biden taking the lead so far and winning in key states such as Wisconsin and Michigan. Some swing states, such as Nevada, are yet to release their results and could be key in indicating who will be President. The...
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by Christopher Nye | Nov 4, 2020
If you spent the night waiting for a decisive result in the presidential election it looks like you will continue to be disappointed for a while. The currency markets clearly don’t know where to go this morning, but the dollar strengthened slightly when it...
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by Christopher Nye | Nov 4, 2020
The dollar is strong this morning, climbing as election uncertainty sets in. The race has, so far, proved to be closer than the polls predicted, with President Trump managing to win the state of Florida, a key battleground. Reports suggest that some key swing states,...
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by Christopher Nye | Nov 4, 2020
The euro has weakened against the dollar and is slightly stronger against the pound this morning due to US election uncertainty. Whilst sterling tends to move with market sentiment, the dollar strengthens in times of uncertainty due to its safe-haven status. Several...
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by Christopher Nye | Nov 4, 2020
The pound hit a two-month high against the euro earlier this morning due to optimism surrounding Brexit talks. However, this was short lived as the US election is driving market volatility. Brexit talks have paused for a few days as chief negotiators Michel Barnier...
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