US election uncertainty impacts currency markets

The dollar is stronger this morning as uncertainty over the outcome of the US election sets in. It’s a tighter race than the polls suggested and some key swing states are reporting a delay in vote counting. President Trump has already won in the key battlegrounds of...


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USD: Dollar weaker ahead of polls opening

The dollar is weaker this morning ahead of the polls opening for the 2020 US election. An estimated 100 million people have already cast their vote and it’s set to be the biggest turnout in a century. Joe Biden still leads in the polls, but the race is closer in key...


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EUR: Positive manufacturing PMI for Eurozone

Eurozone manufacturing PMI was revised slightly higher yesterday, showing that the sector experienced its steepest month of expansion since 2018. This will be followed by services and composite figures tomorrow. ECB official, Yves Mersch, delivered a speech yesterday,...


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GBP: Pound weaker as lockdown approaches

The pound is still looking weaker this morning, despite positive Brexit developments, due to the impending lockdown in England on Thursday. The lockdown was approved by Parliament yesterday and the furlough scheme has been extended for a month to accommodate. UK and...


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Market volatility on election night?

Today is election day in the US and in a few hours, the polls will open. With 100 million votes already cast, it’s predicted to be the largest voter turnout in a century and could be the most divisive election in decades. We may know the result by this time tomorrow...


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