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Dollar Index

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Category: Forex

The dollar declined 0.1 percent to $1.2816 per euro at 9:21 a.m. New York time after appreciating to $1.2764, the strongest stage since Sept. 11. The U.S. foreign money was little modified at 80.26 yen. The euro gained 0.1 p.c to 102.eighty five yen.

A nationwide poll conducted by the Pew Analysis Center Oct. 31-Nov. three showed Obama main Republican challenger Romney, forty eight % to 45 percent. The survey showed them tied at 47 % per week ago. The final monitoring poll by ABC News and the Washington Submit had the Democratic incumbent taking a lead of 50 percent to forty seven % in a survey of 2,345 likely voters conducted Nov. 1-4.

Dollar Index

The Dollar Index, which Intercontinental Exchange Inc. uses to track the U.S. currency towards these of six major buying and selling partners, fell 0.1 percent to 80.sixty five after gaining in the course of the previous four days.

Romney has stated he disagrees with the Fed’s measures to stimulate the economy and would change Chairman Ben S. Bernanke. A win by Obama, who leads in some polls, would signal continued dovish central-bank policy, Galy said.

“It’s a low-yield surroundings,” he said. “That means the search for yield continues, and especially in locations which might be going to learn from Fed easing. That may be, for example Mexico. That may be, to a lesserextent, Canada.”
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