XE Market Analysis: Europe – Nov 07, 2018

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The Dollar has traded moderately lower as early U.S. midterm elections results confirmed the Democrats to be wresting control of the House while the GOP retained control of the Senate, an outcome that was largely predicted by polls. The USD index (DXY) is showing a modest 0.2% decline, continuing losses seen over the prior two days, and earlier printing two-week low at 95.90. EUR-USD has concurrently lifted, posting a two-week high of 1.1473. S&P futures are off highs but are still showing a fractional 0.2% gain.