The dollar is strengthening against the euro and pound this morning. It’s thought that dollar movements are becoming more limited due to the impending US election, which takes place next week. Joe Biden still has a lead in the polls however it’s thought that key swing states will ultimately determine the outcome.
A record number of Americans have already cast their votes, both via post and in person. This includes more than three million young people, between the ages of 18 and 29.
There will be a series of data releases for the US today, including Durable Goods Orders, which are expected to show a slight uplift.
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