Archive for December 31st, 2020

New Overnight Developments Abroad - Daily Update

Continuing Divergent Trends in Dollar and Share Prices

December 31, 2020

On this final day of 2020 with many markets already shut, the dollar is trading at the year’s lows, and many stock markets are at record or multi-year highs. Closures include much of Continental Europe, Japan, Australia, New Zealand, South Korea, and Hong Kong. The trade-weighted dollar set a fresh 2020 low of 89.51, 13% […] More