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XE Market Analysis: Europe - Oct 16, 2020

15 days ago   |   By XE

More of the same with the dollar and yen holding firm and with the pound and the Australian dollar remaining notable weakening currencies. Global stock markets are tremulous in the face of a plethora of risks - billowing new Covid cases, especially in Europe, and associated trend toward increasingly stringent countermeasures, an increasingly bleak near-tern outlook for a much-needed fiscal stimulus package in the U.S., the risk of the upcoming U.S.
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XE Market Analysis: North America - Oct 16, 2020

15 days ago   |   By XE

The dollar and yen continued to hold firm, although both softened as European stock markets and U.S. equity index futures rose moderately. There remains a tremulous vibe in global markets in the face of a plethora of risks - billowing new Covid cases, especially in Europe, and associated trend toward increasingly stringent countermeasures, an increasingly bleak near-tern outlook for a much-needed fiscal stimulus package in the U.S., the risk of the upcoming U.S. election being contested, and the drama of the climaxing Brexit endgame.
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