"When you lose, you learn to Win" - Snr Me
-
Currency pair of the week: USD/CAD
Joe Biden will be sworn in as President of the United States in Wednesday, however this is more likely to be a ceremonious event than a market moving event for traders. There are other events this week that are more likely to influence the US Dollar, one of which is former Fed Chairman Janet Yellen’s confirmation as Treasury Secretary on Tuesday. Senate members are expected to ask her about the administration’s stance on the US Dollar. Although Yellen is expected to not be as aggressive as Trump on supporting a weak US Dollar, she is most likely not going return to the days of a strong dollar policy. Instead, ... (full story)