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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by Christopher Nye | Nov 4, 2020
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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