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Top Forex Stories November 5th

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Top Forex Stories November 5th

This week marks a turning point for the two biggest economies in the world. The United States election takes place on Tuesday. There are diverging polls circulating, but no clear advantage is given to a single candidate. China meanwhile is readying itself for a power transition that will highlight the National Congress with a new leader. In China's case the outcome seems to be more defined with a clear successor in Xi Jinping.

The European crisis continues to erode confidence in the EUR and it is expected the ECB will comment on the current situation with the objective to reassure investors and support member states. Greece and Spain continue to be in the spotlight as their economies continue to suffer from a debt crisis and there are questions raised by the more stable European states if they are doing enough to remain in the eurozone.

Europe

United States

China

Japan

Canada

 

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Posted-In: News Forex Global Markets

 

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