2024-11-07 13:04
IndustryUSD weaker to open the new forex week - election
There are only three certainties in life:
death
taxes
someone, somewhere, will have a neat and simple narrative to explain all movements in financial markets
Here is my contribution to #3 today - the USD is weaker to kick off the new week due to the election news hitting the headlines this weekend.
Jokes aside, seems reasonable.
Anyway, markets at this time of week are super-thinly traded. I say this every week but its always gratifying when we get a big move :
Monday morning open levels - indicative forex prices - 04 November 2024
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USD weaker to open the new forex week - election
| 2024-11-07 13:04
There are only three certainties in life:
death
taxes
someone, somewhere, will have a neat and simple narrative to explain all movements in financial markets
Here is my contribution to #3 today - the USD is weaker to kick off the new week due to the election news hitting the headlines this weekend.
Jokes aside, seems reasonable.
Anyway, markets at this time of week are super-thinly traded. I say this every week but its always gratifying when we get a big move :
Monday morning open levels - indicative forex prices - 04 November 2024
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