View full page at forexfactory.com

 

US Dollar Up on Stronger Data, Stimulus Concerns & Risk Aversion

From bkassetmanagement.com

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 Biden’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 many states have been hit by supply constraints. Republican leaders are also pushing back on the stimulus package with Mitt Romney saying “he’s not looking for a new program in the immediate future” and GOP Senator Roy Blunt calling the plan a ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis