Show:
US Election 2024: Exit polls awaited as voting begins
American voters have started casting their ballots to decide whether Vice President Kamala Harris or former President Donald Trump will become the 47th President of the United States.
EUR/USD: Volatile and vulnerable - OCBC
The Euro (EUR) partially retraced earlier gains amidst US election volatility.
DXY: 2-way trades into the US elections - OCBC
The US Dollar's (USD) pullback overnight was unsurprisingly shallow, given that US elections remain a key event risk and Trump-Harris are still polling quite tightly.
NZD/USD jumps to near 0.6000 as risk sentiment improves with US elections underway
The NZD/USD pair climbs to near the psychological resistance of 0.6000 in European trading hours on Tuesday.
EUR/CAD Price Forecast: Two possible scenarios for EUR/CAD
EUR/CAD has two possible polar-opposite scenarios in which price could play out: 1) The pair is going higher - it has broken out from a consolidation pattern formed since August and is about to rally as it fulfills the price target for the pattern.
EUR/AUD Price Forecast: Short-term trend probably reversing and heading lower
EUR/AUD has started to fall after forming a bearish Shooting Star Japanese candlestick reversal pattern (red-shaded rectangle on chart below) as it peaked on October 31.
US Dollar steadies on the US presidential election day
The US Dollar (USD) steadies on Tuesday, with the US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, trading just below 104.00 and hanging onto important technical support as markets brace for the US presidential election.
USD/CHF Price Prediction: Bearish evidence builds for technical reversal
USD/CHF looks like it is reversing the uptrend of the last five weeks.
Oil production in Iraq fell to the agreed level in October according to a survey - Commerzbank
According to a Reuters survey, oil production in Iraq fell to just under 4 million barrels per day in October, thus meeting the requirements of the OPEC+ agreement without taking the promised compensatory cuts into account.
OPEC+ postpones planned production increase until the end of the year - Commerzbank
The OPEC Secretariat announced over the weekend that the voluntary production cuts of eight OPEC+ countries would be maintained in full until the end of the year.
Temporary increase in demand for Gold in India due to festivals - Commerzbank
Gold demand in India rose last week due to the festivals of Dhanteras (29 October) and Diwali (31 October), Commerzbank's commodity analyst Carsten Fritsch notes.
Gold price under the spell of US elections, Fed meeting in their shadow - Commerzbank
The gold price has retreated somewhat from its record level of the previous week and is trading at around $2,740 per troy ounce, Commerbank's commodity analyst Carsten Fritsch notes.
Crude Oil holds up amid Saudi Aramco lower profits, storm Rafael threatening Gulf region
Crude Oil price ticks up on Tuesday for a second consecutive day, further banking on the delay in Oil production normalization by OPEC+. Lower supply could also be on the cards due to chances of disruption in the US Gulf region as tropical storm Rafael
Gold steadies as traders brace for US presidential election outcome uncertainty
Gold (XAU/USD) continues to backslide from its record high, eventually finding support at $2,724 early on Tuesday and bouncing back to regain the $2,740s.
AUD/USD surges above 0.6600 as RBA maintains hawkish interest rate guidance
The AUD/USD pair revisits more than a week high of 0.6620 in European trading hours on Tuesday.
Silver Price Forecast: XAG/USD holds key support of $32.30 with US elections in focus
Silver price (XAG/USD) jumps to near $32.60 in Tuesday's European session.
Kamala Harris faces uphill battle according to US elections betting odds
As Americans head to the polls to elect the 47th President of the United States, betting odds suggest that Vice President Kamala Harris is facing an uphill battle against former President Donald Trump.
EUR/USD trades sideways with eyes on US presidential election
EUR/USD consolidates around 1.0890 in Tuesday's European session.
RBA waiting to take action - Commerzbank
The Reserve Bank of Australia left its cash rate unchanged at 4.35% this morning.
Waiting for the fiscal stimulus - Commerzbank
While the US goes to the polls today and will presumably be busy counting votes for the rest of the week, the Standing Committee of the National People's Congress is meeting in China this week to discuss the fiscal package announced at the end of September, Commerzbank's FX analyst Volkmar Baur notes.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy