XE Market Analysis: Asia – Jan 20, 2021

The Dollar started Wednesday’s session on a slightly firmer footing, though later faded to near unchanged levels on the session. Some consolidation has been noted this week, following better than a week of gains seen once it became apparent the Democrats would control Washington, and likely push for huge fiscal stimulus, aimed at getting the economy back in recovery mode. Joe Biden was inaugurated as the 46th President of the United States, at a ceremony which saw no violent protests, or disruptions of any kind.