Early results in the U.S. presidential election indicate a lead for the Republican candidate. A potential Trump victory is seen as favourable for the U.S. dollar, based on Donald Trump’s plans to: → increase tariffs on key U.S. trading partners; → stimulate domestic business and support small-cap companies. Additionally, the Trump administration may influence the […]
The post Trump’s Lead Boosts Dollar appeared first on Action Forex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Once Halloween is over, the holiday season is officially upon us. Read more…
Daily Pivots: (S1) 1.0890; (P) 1.0913; (R1) 1.0954; More… EUR/USD’s fall from 1.1213 accelerates further and intraday bias remains on the downside. Next target is 61.8% projection of 1.1213 to 1.0760 from 1.0936 at 1.0656. Read more…
Daily Pivots: (S1) 1.2979; (P) 1.3011; (R1) 1.3074; More… GBP/USD is still holding above 1.2842 support and intraday bias remains neutral. Further decline is expected as long as 1.3047 resistance holds. Below 1.2842 will resume Read more…