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The dollar is recovering as the results of the main elections await 06-11-2020

News Date: 6/11/2020 06:53:22
 

The natural gas futures contract rose. According to the New York Stock Exchange, the natural gas futures contract for December delivery were traded at $ 2,935 per million British thermal units, up 0.24%. It was previously trading at a higher session at $ 2,954 per million thermal units. It is expected to find support points at $ 2,914 and resistance points at $ 3,393.

The price of crude oil for December delivery fell 1.61%, to trade at $ 38.16 a barrel.

 

Also, futures contracts for gold for December delivery increased by 0.2 percent and were traded at $ 1950.6 an ounce. It previously traded in a higher session at a price of 1951.85 dollars an ounce. Gold is expected to find support points at $ 1873.3, and resistance points at $ 1954.3.

Silver also increased by 1.43%, to be traded at $ 25,552 an ounce.

 

The dollar rose during the last European session of the week, with the continued state of anticipation over the outcome of the elections that have not yet been decided, and the increased chances of ending up in a long and hard legal battle.

The US dollar advanced in the last trading session of the week, rising 0.1%. While the dollar pair fell against the euro by 0.1%, to trade at 1,1838. The dollar pair fell against the yen by 0.1, to trade at 103.44. While the Australian dollar fell 0.2% to $ 0.726.

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