Forex News

Dollar Seems Up and No Big Moves Due to US Election

Dollar Seems Up and No Big Moves Due to US Election



The dollar was seemed up in Today Morning in Asia due to the presidential election and the number of cases of the COVID-19 continuing to the trader’s sentiments.

The Dollar Index tracks the greenbacks against the basket of the other currencies that inched up to the level 0.05% to 94.093. The Dollar held the gains to the previous week which seems to the largest percentage rise during the previous session that turned to the safe-haven asset.

As we all know that the polls predict to win for the Democrat candidate over the current president Joe Biden to the race to remains tight and to the contested to the election that continued to keep the investors making firm predictions to the election results.

The USD/JPY pair is inched up at the level of 0.02% to 104.66.

The USD/JPY is also inched up at the level by 0.08% to 6.6867 that the china release the positive data that showed the manufacturing Purchasing Managers Index that rising the gain to the 53.6 in this October that would be expected to seems on to the growth at level 53.

The AUD/USD pair edged down to the level 0.13% to 0.7017 and the NZD/USD pair also seems down to the level 0.11% to 0.6609. Moreover, the GBP/USD pair is inched down at the level of 0.05% to 1.2934.