On December 30, Asia’s emerging currencies were broadly firmer against a soft greenback. The South Korean government looked set to buy coronavirus vaccines for most of its population. Hence the South Korean won stood at
The euro saw an increase on December 28. The risk sentiment improved after the United Kingdom’s trade deal with the European Union and U.S. President Donald Trump’s decision to accept a new fiscal stimulus package.
The British pound fell fluctuated below two and a half years high in the Asian session. The shift was due to last week’s agreement of a narrow Brexit trade deal that does not cover the
The British pound withdrew from session highs on Thursday to hold below the $1.36 mark. Subsequently, the United Kingdom and European Union trade deal news confirmed the market’s expectations that an agreement was near. By 1630 GMT,
On December 24, the British pound increased. Expectations of the approaching a long-elusive Brexit deal has boosted optimism the United Kingdom can avoid a turbulent economic break on New Year’s Day. Expectations for an agreement
The U.S. dollar increased on Tuesday. Concerns about a new COVID-19 strain ragging in the U.K. has caused lockdowns and travel restrictions have weakened optimism about a U.S. stimulus bill that Congress passed overnight. Additionally,
On Monday, the U.S. dollar saw a declined from 10-day highs. Investors looked past concerns about a fast-spreading new COVID-19 strain widespread in the United Kingdom. They focused on the Congress vote on the U.S. stimulus
On December 21, the British pound fell against the dollar and euro. Subsequently, the U.K. government announced new restrictions to curb a fast-spreading strain of the COVID-19. France, Germany, and others cut transport ties with Britain.
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