Senior Analyst at Danske Bank Jens Pedersen noted the constructive outlook for the greenback in the next couple of months. Key Quotes “USD weakened during Wednesday as the midterm election result (divided Congress) wiped out the alternative and more USD-friendly scenario (full Republican control); EUR/USD briefly revisited 1.15″. “Albeit the knee-jerk reaction has been to send USD weaker, we maintain that carry and cyclical support will keep USD bid into year-end, as notably the support from real rates is set to stay in place. Today’s Fed meeting should not make a big difference besides confirm USD remains very much a carry currency”. 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 NZD/USD stays quiet below 0.6800 as markets get ready for Fed’s rate decision FX Street 4 years Senior Analyst at Danske Bank Jens Pedersen noted the constructive outlook for the greenback in the next couple of months. Key Quotes "USD weakened during Wednesday as the midterm election result (divided Congress) wiped out the alternative and more USD-friendly scenario (full Republican control); EUR/USD briefly revisited 1.15". "Albeit the knee-jerk reaction has been to send USD weaker, we maintain that carry and cyclical support will keep USD bid into year-end, as notably the support from real rates is set to stay in place. Today's Fed meeting should not make a big difference besides confirm USD remains very much a… 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.
