trade-weighted dollar
Dollar Ending 2020 at Year’s Weakest Point
December 30, 2020
The trade-weighted DXY dollar index hit a new 32-month low today of 89.68, some 13% below the year’s high last March. Overnight losses amounted to 0.8% relative to the Australian dollar and sterling, 0.7% versus the New Zealand dollar, 0.5% against the yen, 0.4% vis-a-vis the Mexican peso, 0.3% against the Canadian dollar, 0.2% versus […] More
Equities Down and Dollar Weak but Little Changed Overnight
December 8, 2020
Senate Majority Leader McConnell has not yet lent his support to the bipartisan U.S. fiscal stimulus plan. Opinion polls suggest the all-important senate races in Georgia are both close, and unprecedented funds are being poured into both contests. The EU summit begins in two days, with fiscal stimulus and trade relations with the U.K. high […] More
