XE Market Analysis – Sterling Rises on Brexit Hopes and US Dollar Fades Before Midterms

OVERVIEW

  • Sterling rallied today after Britain reportedly is close to a divorce deal from the EU
  • The Greenback lost altitude as Americans, and currency watchers brace for tomorrow’s US Midterm Elections
  • Currency analysts predict the Euro will rally by over 2% against the Greenback, yet skepticism remains.  
     

HIGHLIGHT