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Dollar Weakens as US Polls Signal No Clear Leader
The dollar fell as the latest raft of US presidential election polling data showed no clear advantage between Kamala Harris and Donald Trump. Oil rose after OPEC+ delayed a hike in output. The greenback dropped against most major currencies such as the yen and the Australian dollar in early Monday trading, while 10-year Treasury futures rose. The weakening of the greenback was a sign to some that investors may be walking back confidence in a victory for Donald Trump, after a poll by the Des Moines Register showed Harris with a 47%-44% lead in Iowa — a state Trump has won in each of his prior elections. One element ... (full story)
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- Posted: Nov 3, 2024 8:30pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,829
