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Dollar Up on Stronger Data, Stimulus Concerns & Risk Aversion

January 22, 2021 Daily FX Market Roundup 01.22.2021 By Kathy Lien, Managing Director of FX Strategy for BK Asset Management The US dollar rallied against all of the major currencies on Friday as stocks descended from their highs. Three days into the new administration and investors are starting to worry about President Bidenโ€™s ability to pass a $1.9 trillion stimulus package and administer 100 million vaccines in his first 100 days. The problem is that vaccine rollouts have been slow with ma...
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