OctaFX | OctaFX Forex Broker
Open trading account
Back

Republican Party creating turbulence - Investec

FXStreet (Guatemala) - Jonathan Pryor, Corporate Treasury Analyst at Investec noted that the Republican Party has won control of the Senate in the US mid-term elections…

Key Quotes:

"The Republican Party has won control of the Senate in the US mid-term elections, increasing its power against Barack Obama in the final two years of his presidency. The Republican party is also set to strengthen its majority in the House of Representatives."

"Republicans focused on voter dissatisfaction with President Obama throughout their campaign, describing the vote as a referendum on his presidency”.

“The victory will make life more difficult for the Democrats and increase political turbulence for the Federal Reserve."

USD/CAD drops to lows near 1.1380

It seems the greenback is now taking a breather, dragging USD/CAD to test session lows around 1.1380/75....
Read more Previous

EUR/CAD picking up support on 1.42 handle

EUR/CAD is trading at 1.4229, down -0.59% on the day, having posted a daily high at 1.4335 and low at 1.4200.
Read more Next
Start livechat