The FOMC leaves rates and bond purchases unchanged, the dollar under pressure. GBP / USD has completed a 38.2% Fibonacci retracement of the early European session from 1.3001 to 1.3135. After the flexibility of the Bank of england, which will continue to weigh on the British pound, the Federal Reserve’s decision on interest rates did […]
Tag: Index Dollar
US Dollar Index Challenges 2-Month Lows Near 92.50 Ahead of FOMC
DXY loses more ground and returns to the 92.50 area. Biden maintains the lead against Trump while the vote count is underway. Initial US claims reached 751,000 during the past week. The US Dollar Index (DXY), which tracks the dollar against a basket of its main competitors, remains on the defensive in the vicinity of […]
Challenger job cuts decline to a 7-month low of 80,666 in October
Challenger job cuts in the US declined sharply in October. The US Dollar DXY Index continues to decline below 93.00. Planned job cuts at US-based employers fell to 80,666 in October from 118,804 in September, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday. “The October total is 32% lower than […]
More falls would target the 92.50 area
DXY loses support at 93.00 amid renewed strong selling pressure on the dollar. The October low at the 92.50 area emerges as the next prominent support. The DXY intensified the bearish tone and is testing the key month-to-month support line in the 92.90 / 80 region on Thursday. Rising market optimism about a Biden win […]
Trump forges ahead in Georgia 49.6% to 49.2% with 96% of votes counted
With 96% of the votes counted in the state of Georgia, President Donald Trump has 49.6% of votes (2,431,724) and Democratic candidate Joe Biden 49.2% (2,413,184). The difference is less than 20,000. President Trump needs to keep the difference in this state to maintain the chances of winning. The turnaround here in favor of Biden […]
US dollar DXY index retreats near 93.30 ahead of FOMC
The DXY Index loses more momentum and is approaching 93.20. Democratic candidate Joe Bide continues to lead the election results. Initial jobless claims and the FOMC decision are prominent on today’s economic calendar. The US Dollar DXY Index, which measures the strength of the dollar against a basket of the main currencies, partially returns the […]
Trump leads in Pennsylvania and Georgia with 89% and 95% of votes counted
The president of United States, Donald Trump maintains his lead over rival former Vice President Joe Biden in Pennsylvania and Georgia, with 89% and 95% of the respective votes counted so far, according to Edison Research. Trump has 50.7% while Biden has 48.1% of the votes in Pennsylvania, while in Georgia, support for the president […]
Trump campaign team takes critical legal action in Pennsylvania
The Trump Campaign Team is taking critical legal action in Pennsylvania and declaring victory there. However, all votes will not be counted until Friday, according to CNN. Market implications The US dollar could be on the rise due to controversial election fears: Mitch McConnell says he’s not worried about Trump’s votes to contest the vote […]
Trump leads in Pennsylvania with 80% of votes counted, 53.4% ​​vs. 45.3%
The president of the United States, Donald Trump, has 53.4% and former Vice President Joe Biden has 45.3% in Pennsylvania, with 80% of the expected votes counted so far, he reported. Reuters, citando a Edison Research. “In Georgia, with 93% of the estimated votes counted, Trump has 50.3% and Biden has 48.5%,” Edison Research noted. […]
Trump campaign immediately requests a recount in Wisconsin
The campaign of the president of the United States, Donald Trump, He said they will immediately request a recount in Wisconsin, adding that the vote has not yet been finalized, Reuters reported. “There have been reports of irregularities in several counties in Wisconsin that raise serious doubts about the validity of the results,” campaign manager […]
