Fixed Income And Currency Market

22 Nov 2020

Vaccine announcement increases risk appetite in currencies

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USD slipped against major world currencies last week, while riskier currencies were trading higher, buoyed by improved risk appetite following COVID-19 vaccine progress and Joe Biden's U.S. election victory. The surge in COVID-19 cases across the US and Congress remains deadlocked over an additional rescue bill h kept the USD from weakening too fast.

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Ketan Verma
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