Dollar sits comfortably higher but takes its foot off the gas pedal for now ...Middle East

The dollar continues to hold higher across the board but not really pushing further upside in European morning trade. USD/JPY is up 1.5% to 153.95 with the earlier high touching 154.37. Meanwhile, EUR/USD is seen down 1.5% to 1.0765 but well off lows of 1.0702 when Trump was more or less a shoo-in to win the presidency earlier.The chart is an intriguing one though. The latest bounce from earlier this week was in part to do with narrowing odds between Trump and Harris in the lead up to the election. But that has now largely fizzled off and then some, with a rejection somewhat near the 100-day moving average (red line).As price action keeps below 1.0800, sellers are back in control and will lo

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Dollar sits comfortably higher but takes its foot off the gas pedal for now ...Middle East

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