The United States Dollar is set tot wrap up its worst week since August today after the US Thanksgiving holiday yesterday.
Overview
Markets are likely to remain quite thin today, prompting choppy month-end flows as many extend the holiday into today. Equity futures, by contrast, are set for their best month since February as ebullient markets cheer the incoming Trump administration’s pro-business policies. Today’s biggest mover in the G10 is the Japanese Yen, after Tokyo inflation data came in quite a bit hotter than expected and prompted a gain of more than a percent for JPY against USD. Meanwhile, EUR is fairly flat in trading today but is capping off its worst month in more than a year as concerns about the region’s economic growth continue to spook traders.
Monex USA is operating on an abbreviated schedule today and will be open until 3 PM Eastern.
What to Watch This Week…
- Monex USA Online is always open.
