XE Market Analysis: North America – Aug 05, 2020

The dollar is down for a second day, while gold prices have spurted to a fresh nominal high at $2,048.00 (still a long way from a record peak in inflation-adjusted terms). Washington’s policy stalemate on another pandemic relief bill has remained a major source of concern to investors. Though stock markets found modest support on some signs of progress on a fiscal deal, with participants saying they are getting closer while vowing to work around the clock, both sides remained far apart.