USD/JPY surges as Trump storms to victory

The US dollar is on a tear against the major currencies after Donald Trump’s sweeping victory in the US presidential election. In the North American session, USD/JPY is trading at 154.62, up a massive 2.0% on the day. Trump elected as US President There are still plenty of votes to count in the US election […]

EUR/USD plunges on Trump election win

Trump win sends US dollar soaring EUR/USD is getting hammered on Wednesday. In the North American session, the euro has tumbled by 1.90% and is trading at 1.0725. Earlier, the euro fell as low as 1.0682, its weakest level since June 28. The US dollar has surged against all of the major currencies after Republican […]

Gold Prices Plunge as Trump Triumphs: What’s Next for XAU/USD?

Gold prices plummet as Trump’s election victory boosts the US dollar and Treasury yields. Market sentiment shifts towards higher interest rates, diminishing gold’s appeal. Technical analysis suggest bearish momentum is building, will safe haven demand return and underpin Gold prices? Most Read: US Dollar Index (DXY) Explodes Higher as Markets Prepare for a Trump Victory […]

US Dollar Index (DXY) Explodes Higher as Markets Prepare for a Trump Victory

The US Dollar Index (DXY) surged as markets anticipated a Donald Trump victory in the US presidential election. Market sentiment suggests a Trump presidency and Republican majority will boost the US economy, leading to a stronger US dollar in the medium term. Trump’s proposed policies on tariffs and tax cuts could impact US inflation and […]

Trump or Harris? Why the Nasdaq 100, S&P 500 Might Not Care Who Wins

Wall Street Indexes rebounds on strong ISM Services PMI as election uncertainty lingers. Investors closely watch Congressional election results, as a unified government is seen as beneficial for stock market performance. Market volatility remains low as investors await election results and upcoming Federal Reserve and BoE decisions. Most Read: Silver (XAG/USD) Technical Outlook: Bullish Momentum […]