Archive for November 30th, 2020

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