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Tim Clayton
Verified
Writer and Analyst, ExchangeRates.org.uk
Beats
Waste, Fraud National Security, Revolving Door Corruption,Defense
I do not cover topics, which exploit or bring harm to anyone or communities.
Content
By Tim Clayton| ExchangeRates.org.uk Verified There will inevitably be high volatility over the next few days with the US election, together with US and UK interest rate decisions. ING commented; “Expect volatility in USD crosses today and tomorrow as FX liquidity may tighten and large hedging positions may be re-assessed on the back of latest sentiment on the vote.
By Tim Clayton| ExchangeRates.org.uk Verified The USD dropped sharply on Monday. The move has already unwound the NFP rally and broken below last week’s low. Polls suggest Trump’s lead is very slight and the election will be very close. Risks are high. Monday is off to a mixed start ahead of a high-risk week with the US election, the FOMC meeting and the BoE meeting all capable of causing volatility. Stocks are slightly higher, although last week’s drop has not been recovered and US indices look vulnerable.
By Tim Clayton| ExchangeRates.org.uk Verified There will inevitably be high volatility over the next few days with the US election, together with US and UK interest rate decisions. ING commented; “Expect volatility in USD crosses today and tomorrow as FX liquidity may tighten and large hedging positions may be re-assessed on the back of latest sentiment on the vote.
Company Info
ExchangeRates.org.uk
Established in 2005, Exchange Rates has been the UKs favourite currency website for many years. Supplying users with live exchange rates and currency forecasts, historical data & charts, currency converters, forex and oil/gold/silver prices. For more details, or if you have any queries then please get in touch info@exchangerates.org.uk