XE Market Analysis: North America – Jan 04, 2021

The dollar has started the new year where it left off last year, and that is with a softening bias. This comes against the backdrop of a coursing “everything rally”, with the MSCI Asia-Pacific equity indexand S&P 500 futures hitting record highs. Base metals and oil prices also rallied. The dollar itself is correlating inversely with this theme, with U.S.