USD weaker to open the new forex week - election polls the culprit ...Middle East

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USD weaker to open the new forex week - election polls the culprit
There are only three certainties in life:deathtaxessomeone, somewhere, will have a neat and simple narrative to explain all movements in financial marketsHere 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 leadUSD 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

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