There are only three certainties in life:
deathtaxessomeone, somewhere, will have a neat and simple narrative to explain all movements in financial markets
Here is my contribution to #3 today – the USD is weaker to kick off the new week due to the election news hitting the headlines this weekend.
Mainly the reported surge of support for Harris in Iowa:
Harris odds jump further after influential Iowa poll shows her with a shocking lead
USD has lost ground:
Jokes aside, seems reasonable.
Anyway, markets at this time of week are super-thinly traded. I say this every week but its always gratifying when we get a big move :
Monday morning open levels – indicative forex prices – 04 November 2024
This article was written by Eamonn Sheridan at www.forexlive.com.
