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Peso Loses Some Altitude


Coronavirus Cases Drop To Two-Month Low

FOREX: The DXY has now moved into positive territory as the early indications
pointing towards a "blue wave" in the Midterms are pared back, with the
Republicans competing more in the close-run House seats than they were early on,
while they have secured additional seats in the Senate thus far.
- has the chances of a democrat house majority at
~57% last. - U.S. yields ticking higher, lending support to the USD.
- EUR/USD threatening a break below $1.1400, with support noted at Tuesday's low
of $1.1392. A break below would open up hourly support at $1.1380/70.
- USD/JPY last Y113.75, Bulls continue to target a break of the Y114.00 level &
Oct 4 highs at Y114.55.
MNI London Bureau | +44 0203-865-3809 |