Thursday, 5 November 2020

Goldilocks Scenario for Markets After US Election: Risk Assets to Benefit

The US Election results, with Democrat Joe Biden expected to be President but the Republicans to hold on to the Senate, is a perfect combination for higher stock prices and a weaker US Dollar.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...