Well, we didn’t need to wait long to see who won the US Presidential Election. Trump is the 47th President of the US. The Republicans won also the Senate and we are now just waiting to see if they manage to get the House to get a red sweep.
As of now, the probabilities to get the House are in favour of the Republicans on the Decision Desk website. Today we have some low tier economic releases like the final PMIs and the Eurozone PPI, but it’s going to be all about the Trump’s trade now for weeks.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
Related Articles
UBS sees gold extending gains into 2025, forecasts $2,900/oz price target
Gold prices held steady this week at around $2,650/oz, weighed by recent...
PBOC sets USD/ CNY mid-point today at 7.1880 (vs. estimate at 7.2838)
The People's Bank of China set the onshore yuan (CNY) reference rate...
AUD/USD to its lowest in more than a year
There are multiple factors weighing on the hapless AUD. The only fresh...
UK pay growth steady at 4% but expected to slow in 2025
Pay increases offered by British employers remained steady at 4% in the...
Leave a comment