Senior Analyst at Danske Bank Morten Helt sees the greenback staying strong so far this week. Key Quotes “USD looks set to stay strong into this week’s midterm election after a decent jobs report kept alive the sense of US growth outperformance and hinted that the ECB is contemplating a new TLRO”. “In the event of a split Congress following the midterms (results due Wednesday morning), USD should stay bid but still remain in a range around 1.15 on a 3M horizon, as any new fiscal boost should be confined to infrastructure and as continued trade talks with China are likely”. “Hence, we still think EUR/USD could be in for a break of 1.13 near term – not least if the Fed keeps up its tightening rhetoric this week despite the recent risk sell-off”. 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 EUR/USD downside pressure alleviated above 1.1455 – Commerzbank FX Street 4 years Senior Analyst at Danske Bank Morten Helt sees the greenback staying strong so far this week. Key Quotes "USD looks set to stay strong into this week's midterm election after a decent jobs report kept alive the sense of US growth outperformance and hinted that the ECB is contemplating a new TLRO". "In the event of a split Congress following the midterms (results due Wednesday morning), USD should stay bid but still remain in a range around 1.15 on a 3M horizon, as any new fiscal boost should be confined to infrastructure and as continued trade talks with China are… Regulated 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.
