XE Market Analysis: North America – Dec 07, 2020

The dollar and yen found their feet while the pound dropped sharply on no-deal Brexit anxiety, and the dollar bloc currencies put in a rotation lower amid a backdrop of risk-cautious sentiment in global markets. Global stock markets mostly traded lower, as did oil and other commodities. Regarding sterling, the currency shed over 1% against the dollar, euro and yen, among other currencies. Time is fast running out and the EU and UK remain a loggerheads in trade talks.