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Forex Today: Will the Fed add to the euphoria?
The Greenback was set for its biggest one-day gain since 2020, boosted by Trump's victory and the rising chances of a "Red Sweep." Up next is the Fed meeting, where a 25-basis-point rate cut is widely expected by investors.
US Dollar hits four-month high on 2024 Trump election win
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, surged to a four-month high after former US President Donald Trump secured the necessary electoral votes to become the next US president.
Mexican Peso sinks to two-year low after Trump's victory on US election
The Mexican Peso recovers some ground against the Greenback after hitting a two-year low.
Dow Jones Industrial Average soars after US election
The Dow Jones Industrial Average (DJIA) surged to a fresh record on Wednesday, climbing into 43,600 after US presidential candidate looks set to sweep a victory away from Democratic nominee and current Vice President Kamala Harris.
EUR/GBP Price Analysis: Bears make a stride, cross in lows in over a week
Wednesday's EUR/GBP market has been dominated by significant losses, extending a bearish trend that has lasted the past seven trading sessions.
GBP/USD Price Forecast: Sinks below 1.2900 amid concerns over Trump's policies
The Pound Sterling plunged over 1.20% against the US Dollar on Wednesday after former US President Donald Trump won the 2024 Presidential election.
Trading the BoE - TDS
TDS expects the MPC to cut Bank Rate by 25bps with a 7-2 majority, and leave guidance relatively unchanged, implying a cautious approach to further cuts.
EUR/JPY Price Prediction: Continues to pullback to trendline for Sept-Oct rally
EUR/JPY continues its pullback to the trendline (dashed line on chart) for the September-October rally.
Silver Price Forecast: XAG/USD nosedives to near $31.00 on Trump's victory, Fed policy in focus
Silver price (XAG/USD) faces a bloodbath on a landslide victory of Republican candidate Donald Trump, is down almost 5% and falls below $31.00 in Wednesday's North American session.
GBP/CAD Price Prediction: Price flirts with lower boundary line of Rising Wedge pattern
GBP/CAD falls to the lower boundary line of a Rising Wedge pattern and the level of the (red) 50-day Simple Moving Average (SMA) at about 1.7826.
USD: A Republican clean sweep to fuel dollar strength, higher yields - MUFG
Former President Donald Trump is on his way to the White House again with remaining votes in Pennsylvania not enough to lead to Harris taking a state that is looking essential for a road to the White House for the Democrats.
Crude Oil dips as Trump secures win in presidential election
Crude Oil slides lower and drops nearly 3% on Wednesday following the US presidential election outcome, which fell in favor of former President Donald Trump. One of Trump's promises in the campaign running up to the election was to support and
What Trump's election means for Europe and the Netherlands - ABN AMRO
The clear victory for president Trump overnight poses significant downside risks to the growth outlook for the eurozone - and especially that of export-orientated Germany and the Netherlands, ABN AMRO's economists note.
EUR/GBP Price Forecast: Falls back down to floor of range
EUR/GBP declines all the way back down to the base of its six-week range (red dashed line on chart) at roughly 0.8311; it is likely to encounter firm support at the level.
USD/CAD returns above 1.3900 as US Dollar strengthens across the board
The USD/CAD pair recovers Tuesday's sell-off and returns above the key figure of 1.3900 in North American trading hours on Wednesday.
NZD/USD trends lower after Trump victory and weak NZ employment data
NZD/USD trades down by over three quarters of a percent in the 0.5940s as the US Dollar (USD) strengthens across the board following the announcement that the Republican nominee Donald Trump won the US presidential election.
US Dollar soars to four-month high as Trump wins US presidency
The US Dollar (USD) rises sharply on Wednesday after former US President Donald Trump secured enough electoral votes to become the next US president. The former US President has secured 277 votes, more than enough to surpass the magic 270
USD/JPY: Sell rallies - OCBC
USD/JPY rose, as polls skewed in favour of Trump at point of writing.
EUR/USD: 2-way risks remain - OCBC
The Euro (EUR) traded sharply lower, in response to US elections.
USD: Waiting for details - Rabobank
The 'Trump Trade' was fully unleashed in the market this morning as evidenced across stocks, bonds, FX and crypto.
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