empty
 
 
06.11.2024 06:40 AM
Hot Forecast for EUR/USD on 11/06/2024

As polling stations in the United States remained open, the dollar gradually lost ground. It appears that this was a classic counter-move just before the release of highly significant data or news. This pattern often occurs in markets when most investors anticipate a particular development, yet prices move in the opposite direction right before it happens. Once vote count updates began to surface, the euro plummeted. Current figures show that Donald Trump secured 210 electoral votes, while Kamala Harris only had 113. With 270 needed to win, it's still too early to draw definitive conclusions, as everything could shift, though Trump's lead over Harris appears substantial.

Additionally, the Republican Party seems poised to secure majorities in the Senate and the House of Representatives. This would mean an absolute Republican victory. From a global market perspective, this outcome is far from ideal, as the Republicans tend to support stricter protectionist measures and tighter control over cross-border capital flows. For this reason, the dollar started to strengthen rapidly—most of the financial capital circulating in global markets is controlled by U.S. institutional investors. A Trump administration would likely implement policies that could increase the returns on investments, specifically within the American economy. However, things could change at any moment, and keeping a close eye on the vote count is essential.

Dean Leo,
InstaForex के विश्लेषणात्मक विशेषज्ञ
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    कॉन्टेस्ट में हिस्सा लें
  • चैन्सी डिपॉजिट
    $ 3,000 के साथ अपना खाता जमा करें और प्राप्त करें $6000 अधिक!
    में दिसंबर हम आकर्षित करते हैं $6000 चैंसी डिपॉज़िट में
    ट्रेडिंग अकाउंट में $ 3,000 जमा करके जीतने का अवसर प्राप्त करें इस शर्त को पूरा करके आप प्रतियोगिता में भाग ले सकते हैं
    कॉन्टेस्ट में हिस्सा लें
  • ट्रेड वाइज़, विन डिवाइस
    कम से कम $500 के साथ अपने खाते में टॉप अप करें, कॉन्टेस्ट के लिए साइन अप करें और मोबाइल डिवाइस जीतने का मौका पाएं।
    कॉन्टेस्ट में हिस्सा लें
  • 100% बोनस
    अपनी जमा राशि पर 100% बोनस प्राप्त करने का आपका अनूठा अवसर
    बोनस पायें
  • 55% बोनस
    अपनी प्रत्येक डिपॉजिट पर 55% बोनस के लिए आवेदन करें
    बोनस पायें
  • 30% बोनस
    हर बार खाता टॉप अप करने पर 30% बोनस प्राप्त करें
    बोनस पायें

अनुशंसित लेख

अभी बात नहीं कर सकते?
अपना प्रश्न पूछें बातचीत.
Widget callback