Pres. Trump speaking at the White House
on November 24, 2020 at 5:33 pm
Speaking at the White House A brief announcement from the Pres. on the Dow breaking above 30,000 level. Then leaves without taking any questions.
Fed's Williams: Fed has taken an approach that will adjust naturally
on November 24, 2020 at 5:06 pm
Fed's Williams speaking at a WSJ conference NY Fed Pres and vice chairman of the Fed Williams is speaking on a panel at the Wall Street Journal:
Stock markets are sizzling
on November 24, 2020 at 4:28 pm
Slow burn in US stocks The Dow Jones Industrial Average just hit 30,000 for the first time in a 408 point rally today, led by Boeing. The percentage gain of 1.4% in the S&P 500 is equal as it has gained 50 points to 3627. It's now flirting with the November closing high and within striking distance
Cable turns higher ahead of the London fix
on November 24, 2020 at 3:54 pm
Bid emerges as US dollar softens The 4 pm London fix is a few minutes away and cable is rallying into it. GBP/USD is now up 31 pips to 1.3352. That's 70 pips from the European sessions lows with most of it coming in the past 30 minutes.
EUR/USD: Likely to spend 2021 in a 1.20-1.30 range - SocGen
on November 24, 2020 at 3:39 pm
EUR/USD up 24 pips to 1.1865 Societe Generale discusses its outlook for EUR/USD for the coming year. "," SocGen notes. " - though fair value for EUR/USD will be predicated on the dollar losing ground against a lot more currencies than just the euro, and may have to wait for a broad-based rally in EMFX, which isn't something