XE Market Analysis: North America – Nov 13, 2020

A risk-back-on theme emerged during the London morning, which imparted a concurrent dollar and yen softening theme in currency markets while seeing commodity currencies lift out of lows. The main European stock indices has racked up gains of over 0.5%, as of the late London morning, and S&P 500 E-mini futures were up by nearly 1%, almost reversing the closing decline the cash version of the index saw on Wall Street yesterday. The UK’s FTSE index was the exception due to an outperformance in the pound.