Deeper Analysis
November 2020 in Figures
November 30, 2020
November was a momentous month both within financial markets and surrounding news. in the price of gold was only slight. Donald Trump became only the sixth incumbent president since 1900 to lose his bid for reelection. More rare, his political party picked up seats in the U.S. House of Representatives and stands a decent chance […] More
Foreign Exchange Insights and Next Week
Dollar Outlook Quite Confused
November 30, 2020
In a year of enormous social and economic stress, net dollar movements since the end of 2019 have been extraordinarily muted. Many economies recorded contractions in the second quarter followed by record positive growth in the third quarter. Close to 1-1/4 million people globally have died from Covid-19, and the disease that first surfaced a […] More
New Overnight Developments Abroad - Daily Update
End of November Brings Many Data Reports and Stock Market Pause
November 30, 2020
Dollar losses overnight amounted to 0.4% against sterling, 0.3% versus the loonie, and 0.2% relative to the euro and kiwi. The greenback also rose 0.2% against the Australian dollar and 0.1% vis-a-vis the yen and peso. There’s been no net change against the yuan or Swissy. Some profit-taking took place in stock market trading overnight […] More
