The USD is recovering lost ground as the probability of Democratic House continues to slide. The EUR/USD has backed off from session highs and is currently trading largely unchanged on the day. The EUR/USD dropped 70 pips from the session high of 1.1473 to 1.1398 in the last few minutes on the falling probability of the Democrats taking control of the House. FiveThirtyEight now sees only 50 percent probability of a Democratic House, down substantially from  90 percent probability seen approximately 40 minutes ago. As a result, the greenback, which took a beating earlier today, is on a recovery mode. A Democrat victory in House is seen constraining Trump administration and is, therefore, being treated as a dollar-negative outcome by markets.  At press time, the EUR/USD is trading at 1.1430. EUR/USD Overview:     Last Price:  1.1414     Daily change:  -4.0  pips     Daily change:  -0.0350%     Daily Open:  1.1418 Trends:     Daily SMA20:  1.1453     Daily SMA50:  1.1557     Daily SMA100:  1.1586     Daily SMA200:  1.1857 Levels:     Daily High:  1.1438     Daily Low:  1.1392     Weekly High:  1.1456     Weekly Low:  1.1302     Monthly High:  1.1625     Monthly Low:  1.1302     Daily Fibonacci 38.2%:  1.142     Daily Fibonacci 61.8%:  1.1409     Daily Pivot Point S1:  1.1394     Daily Pivot Point S2:  1.1369     Daily Pivot Point S3:  1.1347     Daily Pivot Point R1:  1.144     Daily Pivot Point R2:  1.1462     Daily Pivot Point R3:  1.1487  FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoJ’s Funo: BoJ’s ultra-easy policy helping to improve output gap FX Street 3 years The USD is recovering lost ground as the probability of Democratic House continues to slide. The EUR/USD has backed off from session highs and is currently trading largely unchanged on the day. The EUR/USD dropped 70 pips from the session high of 1.1473 to 1.1398 in the last few minutes on the falling probability of the Democrats taking control of the House. FiveThirtyEight now sees only 50 percent probability of a Democratic House, down substantially from  90 percent probability seen approximately 40 minutes ago. As a result, the greenback, which took a beating earlier today, is on a recovery mode.… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
