‘Risk’ FX on the move higher now as confidence returns

As forex markets get a little more liquidity the buying of risk has come in.

Its still early, just after:

• 8.30 am in Sydney
• 10.30 am in New Zealand
• 7.30 am in Tokyo
• 6.30 am in Singapore and Hong Kong

Still, Globes is open on the CME so we have futures trade underway. ES and NQ are both trading higher.

Across major FX the US dollar is down as flows head into ’tisk’ FX:

Earlier:

• Updated US Presidential election odds: Trump 61%, Harris 31%

This article was written by Eamonn Sheridan at www.forexlive.com.