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FX Daily Update

Published 11/07/2016, 10:53 PM
Updated 05/14/2017, 06:45 AM
US500
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Clinton no longer a target for the FBI

FBI Director James Comey announced Sunday that the probe into the most recent emails found a few days ago did not lead to any new evidence implicating the Democratic candidate. The Bureau is therefore maintaining its position from last July, exonerating Clinton from any further investigations 36 hours away from Tuesday’s elections. A survey conducted by Bloomberg places Clinton 3% up on Trump this morning. Markets have reacted very strongly to the FBI’s surprise announcement with the Mexican peso, for example, picking up more than 2% against the USD. Stocks are also in the green this morning and the S&P 500 should start the day up more than 1.0%.

Today, we unfortunately don’t have any particularly significant economic indicators on the agenda in North America. However, this temporary lull is the ideal opportunity to review your orders and market positions with your trader. The next few days will certainly be interesting times to say the least.

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