XE Market Analysis: North America – Oct 31, 2016

The dollar has recouped some of the losses seen following news last Friday that the FBI is investigating new emails of Clinton. The upcoming U.S. Presidential election, which will take plane next Tuesday, will dominate market attention from here on in. At least one weekend poll showed Trump to have narrowed the gap to 1 percentage point. The FOMC meets this week, announcing on Wednesday, which we expect to be a non-event given the proximity of the election. USD-JPY recovered to the 105.00 area after dipping to a low of 104.41 in the wake of the FBI story on Clinton.…

Source: XE news feed
XE Market Analysis: North America – Oct 31, 2016