Archive for: December, 2020

Weekly Market Update

Post date: 21/12/2020 13:52 Markets interpreted Chair Powell’s comments at the press conference as dovish, and they largely looked ignored the more hawkish message contained in the famous “dot plot” of actual interest rate projections. Beyond FX, risk assets mostly continued their grind higher. Special mention goes to commodities, which are rallying very hard into…

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Weekly Market Update

Post date: 07/12/2020 12:50 Investors used news that US Congress and President Trump are nearing an agreement on a fresh stimulus package as an excuse to sell the dollar against every major currency worldwide. This included Sterling last week, although the UK currency has nosedived so far this morning amid increasing jitters that Brexit deadlines…

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