XE Market Analysis: North America - Dec 15, 2020
Narrow ranges have been prevailing among the main dollar pairings and associated cross rates. This has been seen against a backdrop of sputtering global stock markets. Data showing Chinese industrial production rising 7.0% y/y in November, a 20-month high, along with a rise retail sales, didn t have much impact. Commodities have also been lacking direction after recent gains. The surge in new positive test results for Covid in northern hemisphere countries, ranging from Japan and South Korea, to Europe and the U.S. and Canada, along with restrictive measures (tighter measures are due to be implemented in London from tomorrow, for instance), is being cited in market narratives as driving the risk-cautious sentiment in markets. While the bigger-picture outlook remains bullish, the view across the valley is being fogged out by the seasonality driven rise in coronavirus cases. The usual year-end wind down in investor commitment is also af
Early voting begins in crucial Georgia Senate run-offs amid a fusillade of baseless claims
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Mormon church congratulates Biden after Electoral College vote
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Davidson Iriekpen with agency report
The Electoral College last night cast its votes for president, officially electing Joe Biden as the 46th president of the United States.
The announcement coincided with the resignation of the Attorney General, Mr. William Barr, one of President Donald Trump’s staunchest allies.
All 538 electors met in their respective states to cast their votes for president based on the election results that were recently certified by all 50 states and Washington, D.C.
California’s 55 electoral votes pushed Biden over the 270 threshold needed to win.
Most electors, who were chosen by political parties in each state ahead of the November election, are cast their ballots in state Capitol buildings.
Vermont s Three Electors Cast Votes Monday For Biden-Harris
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