DXY falls further below 94.00 while maintaining daily gains. Trump and Biden remain side by side focusing on swing states. The US ADP report widely disappointed the consensus with 365,000 last month. The US Dollar Index (DXY), which measures the dollar against a group of its main rivals, maintains the offered tone unchanged, although well […]
Tag: Index Dollar
Biden reaches 49.5% vs. Trump’s 48.8% in Wisconsin with 97% of votes counted
Former vice president Joe Biden reaches 49.5% and the President of the United States, Donald Trump, 48.8% of the votes in Wisconsin, with 97% of the votes counted so far, Reuters reports, citing Edison Research. Market reaction Market sentiment remains bullish ahead of the Wall Street opening bell. At the time of writing, S&P 500 […]
Strong barrier at the 100-day SMA near 94.30
DXY bullish momentum fades around the 94.30 region. The six-month support line limits declines for now. The US Dollar Index (DXY) advanced and failed around the 94.30 / 20 zone at the start of Wednesday, where a Fibonacci level (from the fall of 2017-2018) and the 100 SMA coincide. days. The ongoing volatility and uncertainty […]
US Elections: Nevada Postpones Vote Counting Until 09:00 PST Thursday
The state of Nevada will not resume counting votes until 09:00 PST (17:00 GMT) on Thursday, reports Reuter, citing Edison Research. The most recent data shows that the president Donald Trump and former Vice President Joe Biden are tied at 49% in the state with 85% of the estimated votes counted so far. Meanwhile, the […]
US dollar DXY index retreats from highs above 94.00, focuses on US elections
The DXY index reaches new highs above the 94.00 level. The US elections continue to draw investors’ attention on Wednesday. The US ISD non-manufacturing PMI report will be released at the start of the American session. The US Dollar DXY Index, which measures the strength of the dollar against a basket of major currencies, keeps […]
Biden wins Arizona, key state on the battlefield
With the vote count underway and the US elections still tight, Associated Press (AP) reports Joe Biden’s win in Arizona. AP is now doing the same thing as Fox News in declaring Biden the victor in Arizona. Results from Georgia, Wisconsin, Michigan and Pennsylvania will be the deciding factor, while President Donald Trump has delivered […]
Biden says that “we are going to win this election”, Trump also claims “a great VICTORY”
“We are sure that we will win these elections“Democratic presidential candidate Joe Biden said in a statement on Wednesday. Additional comments: “Soy optimistic about this result and I want to thank you all. ” “We believe that we are on the way to winning these elections. ” “Ask for patience until all the votes are […]
US Elections: Electoral college tally is 233 for Biden and Trump
According to Fox News, the electoral college tally is now 233 for both Joe Biden and Donald Trump, in an extremely tight election. Meanwhile, Trump wins in Ohio and Texas, while Biden wins in Hawaii. CBS News estimates that Arizona goes from leaning towards Biden to probably leaning towards Trump. The news says the Fox […]
EUR / USD stops recovery bounce around 1.1650 level
In a fast-paced fight for the 2020 U.S. presidential race, EUR / USD is struggling to extend the bounce from the four-month lows of 1.1605 previously achieved in the Asian session. At the time of writing, the pair is trading at 1.1657, still losing 0.38% on the day. The US dollar is back slightly from […]
Trump wins Florida, S&P 500 futures tough
The latest trends show that Joe Biden is losing ground on the Florida battlefield, now led by President Donald Trump. Republican Maria Elvira Salazar defeats Democrat Donna Shalala for a Florida House seat, according to the Associated Press. “Trump’s 3.5% victory in Florida nearly triples his 2016 margin of 1.2%“says FXStreet Senior Analyst Joseph Trevisani. […]
