Thursday, November 3, 2016

Dollar remains weak on election concerns after FOMC


Investing.com – The dollar Thursday remained under pressure on uncertainty over the U.S. election outcome.
The was off 0.25% at 97.15 at 03:45 ET. after hitting a three-week low of 97.08.
The greenback touched a one-month low of 102.56 yen, with Tokyo closed for a public holiday.
The FOMC Wednesday as expected stood pat on rates but signalled a possible December hike.
The Fed said “the case for an increase in the federal funds rate has continued to strengthen.”
The market’s focus now turns to U.S. on Friday for further guidance.



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Dollar remains weak on election concerns after FOMC

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