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US Dollar Index (DXY) pares losses as the dust from the US midterm elections settles

The US Dollar (USD) is reversing previous losses on Thursday as markets start to shift their gaze away from the results of the US midterm elections to the solid US macroeconomic figures released this week, which pave the path for another Federal Reserve (Fed) interest rate hike in December.

US Dollar Index (DXY) pares losses as the dust from the US midterm elections settles

We haven't written up this one. FXStreet has the full story — the link below goes straight to it.

Read the original at fxstreet.com →

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