Markets covered in this week’s Weekly Forex Forecast & Forex Analysis: USD (DXY), EUR, GBP, CHF, JPY, CAD, AUD & NZD
Crude Oil, EurUsd, UsdCad, AudUsd, UsdJpy, AudChf, CadChf, ChfJpy, EurAud, EurCad, EurJpy.
PLUS: Gold Analysis - XauUsd & Silver Analysis - XAGUSD.
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Editors’ Picks
EUR/USD fluctuates around 1.0900 as markets await US election exit polls
EUR/USD trades sideways near 1.0900 on Tuesday. The US Dollar ignores the upbeat ISM Services PMI data for October and stays under modest selling pressure as investors await exit polls to see who is closer to winning the US presidential election.
GBP/USD clings to modest gains near 1.3000, awaits US election result
GBP/USD trades marginally higher on the day at around 1.3000 after finding support near 1.2950 on a broadly subdued US Dollar. Traders eagerly await the outcome of the US presidential election, refraining from placing fresh bets on the major.
Gold extends consolidative phase as US election result looms
Gold attracts dip-buyers after touching a one-week low on Tuesday but remains below $2,750. The benchmark 10-year US Treasury bond yield stays in positive territory above 4.3% as markets eye US election exit polls, limiting XAU/USD's upside.
Crypto markets brace for volatility in tight race between Trump and Harris
The US presidential election is one of the most significant events in the world. Due to the influence of the country’s political decisions, policies, and economic approaches, it can significantly impact crypto and global markets.
US election day – A traders’ guide
Election day volatility: Brace for potential wild market swings. Election days bring opportunities, but also risks. Unclear results can increase volatility further.
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