XE Market Analysis: North America – Dec 04, 2020

The euro outperformed moderately during the London morning session, and was showing a 0.5% gain on the weakest of the main currencies, the Australian dollar. Both EUR-USD and EUR-JPY tested their respective 32- and three-month highs from yesterday, though neither the pair nor the cross exceeded these levels. Global asset markets remained buoyant, with European equities showing modest gains and U.S. equity index futures showing 0.3%-plus gains. The EuroStoxx 50 printed a new nine-month high.