The following Forex news reports are the latest developments of the Forex market. The news reports are updated frequently and include all the events that affect the foreign exchange trading industry.
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Polls Showing Statical Tie; Betting Markets Imply 58% Chance of Trump Victory; RBA Leaves Rates Unchanged
Polls Showing Near Dead Heat, But Trump Has Edge; Betting Markets Imply 57% Chance of Trump Victory; US Dollar Declines; Stock Markets Mixed
Bank of Japan maintains interest rates at 0.25%, Governor Ueda says inflation moving in line with expectations. Japanese yen rises sharply.
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Gold Trades as High as $2,790 Per Ounce; US Stock Market Indices Close Lower After Advance GDP Slows; Betting Markets Imply 64% Chance of Trump Victory Next Week; No Surprises from Bank of Japan
U.S financial markets and global assets will be affected by the outcome of the U.S Election results. Traders who are contemplating betting on the outcome of the vote need to understand they are stepping into very dangerous terrain.
The US general election will soon conclude, electing a new President and making changes to both Houses of Congress. The outcome is very likely to impact capital markets, so traders and investors will be wise to consider the implications of various potential outcomes and position themselves to profit.
Gold Trades as High as $2,788 Per Ounce; Bitcoin a Whisker Below All-Time High Price; US Stock Market Indices Gain and Trade Near Highs; Betting Markets Imply 64% Chance of Trump Victory Next Week; Australian Inflation Lower Than Expected
Bitcoin Seen as Boosted by Trump Poll Lead; Gold a Whisker Off Record High Price; Betting Markets Imply 64% Chance of Trump Victory Next Week
Yen Sees Strong Selloff on Japanese Election Result; Crude Oil Stabilizes as Israeli Strike on Iran Digested; Precious Metals Within Sight of Major Highs
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With the US presidential election just two weeks away, anticipation is growing. Donald Trump and Kamala Harris are neck-and-neck in the opinion polls, which has added to the drama of this unpredictable race.
Canada’s inflation rate continues to fall and was lower than expected in September. The CPI rose 1.6% year-on-year, down from 2% in August and below the market level of 1.8%.
The US consumer price index (CPI) continued its downswing, dropping slightly in September. Inflation fell to 2.4% year-on-year.
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RBNZ Cuts Rates as Expected; Markets Await FOMC Meeting Minutes
US Treasury Yields Trade Above 4%, Markets Expecting only a Further 0.50% Cut in 2024; Quiet Market Expected