US Dollar & Euro Rising To The Occasion

The US Dollar rose to a 2-month high against a basket of major currencies on Monday after last week's US job data highlighted relatively solid US economic fundamentals.

The US Dollar and the Euro also hit a 5-week low although uncertainty over Tuesday's elections in the US seem to have hindered decisive breaks for the time being.

So, all focus now shifts to the US presidential elections. With so much uncertainty surrounding this period, there will be a collective sigh of relief from investors when the election is over.