FX weekly: Is Mnuchin right or wrong?

FX weekly: Is Mnuchin right or wrong?

From corporate.nordea.com

“This Court has been presented with strained legal arguments without merit and speculative accusations, unpled in the operative complaint and unsupported by evidence,” U.S. District Judge Matthew Brann A Federal judge firmly dismissed the lawsuit that Rudy Giuliani argued this week in Pennsylvania, why markets will soon have to focus fully on Joe Bidens new administration. For the Republicans, focus will soon turn towards how to annoy the new administration. Treasury Secretary, Mnuchin, decided to end the Fed Corporate Credit Facilities and the Main Street Lending program by year-end as he has vetoed against the ... (full story)

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U.S. judge calls Trump claim challenging Biden win in Pennsylvania 'Frankenstein's Monster'
From reuters.com|Nov 22, 2020|3 comments
A federal judge on Saturday dismissed a lawsuit critical to President Donald Trump’s long-shot bid to overturn his Nov. 3 election loss to Democratic President-elect Joe Biden, ...
Beware of the False Break
From marctomarket.com|Nov 22, 2020
The US dollar had a tough week. It fell against all the major currencies and most of the emerging market currencies. The major currencies remained within well-worn ranges. The JP ...
Australian States Ease Restrictions With Outbreaks Under Control
From bnnbloomberg.ca|Nov 22, 2020
The Australian state that’s been hardest hit by the coronavirus pandemic announced a further easing of restrictions after recording no new infections for 23 consecutive days. It ...

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COVID-19: 'No return to austerity', says chancellor as he hints at public sector pay freeze
From news.sky.com|Nov 22, 2020|6 comments
video Rishi Sunak has told Sky News there will be no return to austerity in his upcoming spending review, but hinted at a future public sector pay freeze. Speaking to the Sophy ...
Retail trade survey: September 2020 quarter
From stats.govt.nz|Nov 22, 2020
The retail trade survey measures the sales and stock of businesses that provide household and personal goods and services – for example car yards, petrol stations, supermarkets, ...
AU private sector growth accelerates in November, led by services
From markiteconomics.com|Nov 22, 2020
Latest PMI data showed the expansion in the Australian private sector economy strengthened midway through the fourth quarter as containment measures were eased further. Business ...