Daily Morning Call

From the Floor: Dollar slides on Alabama upset, FOMC up today

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Scandal-plagued Alabama Senate candidate Roy Moore found that even a solidly red state like Alabama wouldn't push his embattled campaign over the line, with the result being a shrunken Republican majority and a dollar retreat.

   • Dollar retreats as Alabama upset shrinks Republican Senate majority
   • Hike priced in, yield curve in focus ahead of today's FOMC meeting
   • Brent surges on Scottish pipeline break, EIA and Opec reports due today
   • Market expects 2.2% headline, 1.8% core CPI reading from US
   • Gold and silver remain under significant pressure: Hansen