US Dollar Remains Strong Closer to Presidential Election

OVERVIEW US Q3 advance GDP is released at 2.9% annualised against the expected 2.6%, where exports were significantly higher as personal consumption slumped. The Pound remains weak despite the strong post Brexit economic data. Pound falls as Northern Ireland High Court rules that Provincial law does not restrict the trigger of article 50.  HIGHLIGHT The US Dollar remains strong as we draw nearer to the presidential election. Polls are still showing Clinton significantly ahead, and future markets are leaning towards a stronger Dollar in the coming months.  US DOLLAR The US Dollar is broadly unchanged after the much-anticipated GDP figure…

Source: XE news feed
US Dollar Remains Strong Closer to Presidential Election