Investing.com investing.com 23 Dec, 2020 10:15 am

Dollar Up, Pound Slides Over New U.K. Lockdowns By Investing.com

Dollar Up, Pound Slides Over New U.K. Lockdowns By Investing.com
Dollar Up, Pound Slides Over New U.K. Lockdowns

Meanwhile, talks for a post-Brexit trade deal with the European Union (EU) will continue later in the day, but both sides failed to reach an agreement.“We still can’t get our heads around the fact that a trade deal will collapse because of fisheries … overall I would say that risk positivity driven by vaccines and stimulus, plus the fact that fiscal stimulus needs to be funded by a lot of borrowing in the U.“The lockdown news and the stalemate on Brexit is keeping the market nervous … dollar strength is largely being driven by the move lower in the pound,” National Australia Bank (OTC: NABZY ) (NAB) senior currency strategist Rodrigo Catril told Reuters.lockdown news.

Congress reached a deal for a $900 billion COVID-19 aid package, with the House of Representatives to vote on the package later in day, followed by the Senate.The rapidly spreading strain is causing alarm, overshadowing the news that the U.

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