Archive for December 17th, 2020

New Overnight Developments Abroad - Daily Update

Dollar Slinks to Another 32-Month Low and Several Central Banks Leave Interest Rates As Is

December 17, 2020

The DXY trade-weighted dollar index fell below 90 to as low as 89.79. Overnight losses occurred across of broad cross-section of key bilateral dollar relationships amounting to 0.9% versus the kiwi, 0.8% relative to sterling, 0.7% versus the Australian dollar, 0.5% against the yen and euro, 0.3% vis-a-vis the Canadian dollar, and 0.2% versus the […] More

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