by Marc Chandler
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| Marc Chandler, Bannockburn Global Forex |
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January Monthly
2021-01-04
It might not feel like a New Year, as the pandemic continues to ravage most countries. On top of the human toll, the economic fallout will continue to depress activity in the first part of 2021. However, policymakers throughout the G7 provided more stimulus in late 2020 and extended many emergency facilities well into the New Year.
FX Daily, December 03: Euro Rally Stalls while Brexit Concerns Trip Sterling
2020-12-03
The selling pressure that drove the dollar lower yesterday has abated, and the greenback is paring yesterday’s loss, though the dollar-bloc currencies are showing some resilience. EC negotiator Barnier briefed ministers that the same three issues that have bedeviled the trade talks with the UK remain unresolved (fisheries, level playing field, and a conflict resolution mechanism).
FX Daily, November 10: Markets Remain Unsettled
2020-11-10
Overview: Pfizer’s vaccine announcement eclipsed the US election as the key market driver. It spurred the unwinding of Covid trades in terms of sectors and yields. Emerging market currencies and the majors that benefit from world growth outperformed the perceived safe-havens, like the yen and the Swiss franc.
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