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Dollar gets global beating as stimulus, Brexit boost risk appetite - Vimarsana News

Dollar gets global beating as stimulus, Brexit boost risk appetite

Dollar gets global beating as stimulus, Brexit boost risk appetite SECTIONS Last Updated: Dec 17, 2020, 08:58 PM IST Share Synopsis Congressional negotiators were closing in on a $900 billion COVID-19 aid bill in the United States, according to lawmakers and aides, boosting stock markets across the globe. The dollar index continued to retreat during morning trading in Europe, falling at one point to a new low of 89.867 against a basket of currencies after breaking below 90 for the first time since April 2018. The dollar fell to its lowest in over two years against major currencies on Thursday...

FOREX-Dollar gets global beating as stimulus, Brexit boost risk appetite - Vimarsana News

FOREX-Dollar gets global beating as stimulus, Brexit boost risk appetite

FOREX-Dollar gets global beating as stimulus, Brexit boost risk appetite Reuters 12/17/2020 Popular Searches * BoE leaves rates unchanged * Norway's crown rises after c-bank rate decision * Bitcoin rises to record high above $23,000 * Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E By Julien Ponthus LONDON, Dec 17 (Reuters) - The dollar fell to its lowest in over two years against major currencies on Thursday after the Federal Reserve stuck to its current policy guns while hopes for more U.S. stimulus and a post-Brexit trade deal boosted appetite for riskier currencies. Congressio...

Source: msn.com
UPDATE 2-Swiss National Bank says expansive policy vital to battle COVID-19 downturn - Vimarsana News

UPDATE 2-Swiss National Bank says expansive policy vital to battle COVID-19 downturn

17 Dec 2020 / 18:14 H. * SNB brushes of U.S. criticism that it manipulates currency * Central bank to exit coal investments from portfolio * Says Swiss economic outlook has deteriorated (Recasts with comments from SNB, analyst, detail) By John Revill ZURICH, Dec 17 (Reuters) - The Swiss National Bank paid no heed to being branded a currency manipulator by the United States, promising on Thursday to continue an expansive monetary policy and forex interventions it said were vital to cushion the impact of the coronavirus pandemic. The central bank kept its policy interest rate locked at minus 0...