The Manila Times on Nostr: Global broker Octa explains the reasons for lower US dollar after the U.S. ...
Global broker Octa explains the reasons for lower US dollar after the U.S. presidential debate
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Vice-President Kamala Harris and former President Donald Trump debated on October 15, 2024, in Philadelphia; Harris outperformed Trump according to analysts; Reuters/Ipsos poll (September 10-12) showed Harris leading Trump 47% to 42%; market reacted with U.S. Dollar Index (DXY) dropping below 101.40 and S&P 500 falling over 1.5%; emergence of 'Harris trade' noted, focusing on renewables; Invesco Solar ETF rose 5% post-debate; USDCNH forex pair dropped below 7.11; crypto markets reacted negatively to Harris' potential win; CBOE Volatility Index around 20 before debate; Fed's monetary policy and potential recession concerns impacting market; Octa has been operational since 2011 with over 52 million accounts.
#UsDollar #KamalaHarris #DonaldTrump #Octa #FinancialMarkets #PresidentialDebate #Trading #Investments #Polls #EconomicPolicy
https://www.manilatimes.net/2024/10/20/tmt-newswire/media-outreach-newswire/global-broker-octa-explains-the-reasons-for-lower-us-dollar-after-the-us-presidential-debate/1987722
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Vice-President Kamala Harris and former President Donald Trump debated on October 15, 2024, in Philadelphia; Harris outperformed Trump according to analysts; Reuters/Ipsos poll (September 10-12) showed Harris leading Trump 47% to 42%; market reacted with U.S. Dollar Index (DXY) dropping below 101.40 and S&P 500 falling over 1.5%; emergence of 'Harris trade' noted, focusing on renewables; Invesco Solar ETF rose 5% post-debate; USDCNH forex pair dropped below 7.11; crypto markets reacted negatively to Harris' potential win; CBOE Volatility Index around 20 before debate; Fed's monetary policy and potential recession concerns impacting market; Octa has been operational since 2011 with over 52 million accounts.
#UsDollar #KamalaHarris #DonaldTrump #Octa #FinancialMarkets #PresidentialDebate #Trading #Investments #Polls #EconomicPolicy
https://www.manilatimes.net/2024/10/20/tmt-newswire/media-outreach-newswire/global-broker-octa-explains-the-reasons-for-lower-us-dollar-after-the-us-presidential-debate/1987722