Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
EUR/USD holding its breath
Yesterday the push above 1.09 in the EUR/USD reached a high at 1.0914, which as noted was its best level since October 16. However, it was not able to extend or hold the gain and fell back into the 4pm London fix. The EUR/USD later posted a US close at 1.0878. It has not deviated much from that close so far today and clearly this one is taking no chances with the US election. As already noted, the outlook for the Euro is firmly fixed on that election, as much as it is for the dollar and right now the price action to come is all about the dollar and not the Euro. The range seen so far today has been covered by 1.0873 to 1.0889. That is pretty tight and clearly this is largely treading water whilst holding its breath on what is coming next. There will be more to add as and when anything on that changes over the course of the day. The EUR/USD is currently trading at 1.0889
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
