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US mid-term election update: Democrats secure the 218 seats needed to gain control of the House of Representatives

According to the official results, Democrats have secured the needed 218 seats to win control of the House of Representatives and Republicans retained their control of the Senate, confirming a split Congress. 

The Congressional gridlocks held the US Dollar bulls on the defensive, though now seems unlikely to have any further major impact for the markets.
 

Switzerland Foreign Currency Reserves up to 753B in September from previous 740B

Switzerland Foreign Currency Reserves up to 753B in September from previous 740B
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USD/CAD trades with modest losses, but holds above 1.3100 handle

   •  The US midterm election results prompt some selling around the USD.    •  Bearish oil prices undermine Loonie and help limit further downside.
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