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Greenback Recovers As Markets Digest Midterm Results

LATAM
  • Markets continue to digest the outcomes and results of the US Midterm elections, with the reaction favouring the USD, which is among the best performers in G10 heading into the US session. The results continue to lean toward an outcome in which Congress will be split between the GOP and the Democrats after a disappointing showing from Republican support.
  • US data releases are few and far between Wednesday, with focus resting on tomorrow's US CPI release, at which most see inflation slowing to below 8.0% on the year. Fed's Barkin is on the docket.

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