USD: Trump makes way for Biden

The dollar has weakened this morning after President Trump has given way to President elect Biden and accepted the start of a transition to the new regime. However, he has said that he will continue to contest his election defeat. This transition means that Biden will...


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EUR: PMIs paint a mixed picture

The euro strengthened against the dollar yesterday as President Trump accepted and gave the go-ahead for a transition to the Biden regime. Ireland’s Prime Minister, Michael Martin, said that President of the European Commission, Ursula von der Leyen, said that there...


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GBP: A strong pound across the board

The pound strengthened against the euro and the dollar yesterday and is still strong this morning due to Brexit optimism and positive vaccine news. Reports surrounding Brexit negotiations suggest that a deal will be closed soon. The Irish Prime Minister, Michael...


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USD: Dollar weaker on stimulus hopes

The dollar is weaker this morning on hopes of a fiscal stimulus package to support the US economy. U.S. Treasury Secretary, Steven Mnuchin, said on Friday that the Federal Reserve and Treasury had many tools left to support the economy. He also said that he will...


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