Forex Market News

Rupee Is Likely To Appreciate

After a week long investigation into Hillary Clinton email debacle, FBI Director James Coney on 6th Nov’2016 released an official statement saying that Hillary Clinton had been cleared of criminal charges for using her private email server.
This removed clouds of suspicion around her campaign and potential Presidency which led to strength of the US Dollar Index. The US Dollar Index traded a bit higher by 0.07 percent yesterday as newly infused optimism in the markets with regards to Hillary Clinton winning the race to the white house boosted the demand for the DX. US Dollar Index made an intraday high of 97. 99 and closed at 97. 86 levels on Tuesday.
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