There were some big moves in currencies on Friday which was no surprise given the busy economic calendar. GBP/USD rose above 1.40 for the first time since April 2018, while AUD/USD and NZD/USD climbed to their strongest level since March 2018. Investors looked past softer economic reports in favor of stronger releases. The U.S. dollar sold off across the board as stocks rebounded from yesterday’s decline. Existing home sales and PMIs were stronger. Despite surging virus cases and widespread restrictions in the U.S. and Europe, manufacturing activity continues to chug along. The hope is that this will continue as more ... (full story)