Forex Market

The US Dollar (USD) is declining across the board on elections day, with markets awaiting the results of the presidential and congressional elections. The Dollar index (DXY), which measures the USD performance against a basket of six major international currencies, is down for the day by 0.76% at a daily …

The Turkish lira hit a new record low on Tuesday (November 3rd), ahead of the US presidential elections, the outcome of which may lead to strained relations between the two countries. The lira also retreated after data revealed that the annual inflation rate is close to 12%, despite the central …

The Sterling rose against the US Dollar to a 3-day high during the European session and trader are now looking for some subsequent buying that breaks through the psychological level of 1.3000. With the momentum beyond the resistance level specified at the upper bound of the descending about two weeks …

FX option expiries for Nov 3 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.1650 622m1.1725 585m GBP/USD: GBP amounts 1.2850 684m1.3000 456m USD/JPY: USD amounts 105.00 425m105.49 1.1bn AUD/USD: AUD amounts 0.7000 686m EUR/GBP: EUR amounts 0.9000 720m

The Russian Ruble (RUB) declined on Monday against the US Dollar (USD) and the Euro (EUR), on the back of falling oil prices, and rising uncertainty about the new wave of the COVID-19 pandemic and the US elections. Year to date, the RUB has lost 23% against the USD and …

The British Pound (GBP) declined on Monday as the United Kingdom (UK) prepares to enter into a new lockdown to curb the spread of the Coronavirus (COVID-19) pandemic. The GBP is down by 0.34% against the Euro (EUR), with the GBP/EUR pair trading at 1.1085. Meanwhile, the Sterling losses came …

The US Dollar (USD) is rising across the board, supported by positive economic data ahead of tomorrow’s elections. The Dollar index (DXY), which measures the performance of the USD against a basket of six major international currencies, is up by 0.12% at 94.15. The index has been moving today in …

The US Dollar (USD) is keeping its upward trend against the Swiss Franc (CHF) on Monday for the sixth consecutive session, rising to its highest level in about two months. The USD/CHF pair is trading higher for the day by 0.36% at 0.9203. The last time the pair was seen …

The Turkish lira weakened against the US dollar to a new record low on Monday, November 2nd, as investors looked at the impact of geopolitical tensions and political interference on monetary policy. The lira was at 8.3840 against the dollar by 04:28 GMT, approaching the record low of 8.3850 it …

FX option expiries for Nov 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.1750 574m1.1795 733m GBP/USD: GBP amounts 1.2960 239m1.3000 223m1.3100 1.2bn USD/JPY: USD amounts 104.50 440m USD/CAD: USD amounts 1.3300 662m NZD/USD: NZD amounts 0.6600 265m EUR/GBP: EUR amounts 0.8900 …