The US dollar is climbing after the FBI said yesterday that it didn’t find anything in Hillary Clinton’s newly found emails to recommend charges, which could help Clinton in the final days of the Presidential election. Because she is believed to keep current policies much the same as they are now, a Clinton win could bring more certainty to the markets and support the US dollar.
Overseas, the euro is falling against a stronger US dollar despite retail sales out of the Eurozone meeting analyst expectations.
The pound is also trading lower against a rising US dollar despite UK housing price growth coming in line with analyst expectations.
Elsewhere, the Australian dollar is up as investors wait for tonight’s business confidence surveys from the National Australia Bank and China’s trade data. The Canadian dollar is trading higher as oil prices recover toward $45 per barrel. The Japanese yen weakening against the US dollar’s renewed strength today.
EURUSD: The euro is down against a stronger US dollar with no surprises out of the Eurozone.
GBPUSD: The pound is also down against a rising US dollar.
AUDUSD: The Aussie dollar is climbing as investors await tonight’s business confidence surveys and China’s trade data.
USDCAD: The Canadian dollar is trading higher as oil prices recover.