020 7898 0500The US Dollar was trading within a one-cent range on Wednesday with the market being dictated by sterling. This was despite crude oil and new home sales figures missing forecast targets.
We are expecting core durable goods data today, with unemployment claims data also due, with the focus point currently on the upcoming US presidential elections. Major data releases tend to have a lower impact on market movements at present. Fundamentally, until 8th November investors are likely to be making decisions based on election polling data and predictions.
