XE Market Analysis: North America – Dec 08, 2020

The pound has traded softer on Brexit anxiety, but not dramatically so and the currency has remained above lows seen yesterday against the dollar, euro and other currencies. Dollar pairings and cross rates have outside the involvement of sterling, remained directionally unvaried. Price action in global asset markets continued to reveal a level of risk wariness among investors. The Nasdaq 100 still closed at yet another record high yesterday, while the DJIA and S&P 500 posted moderate declines.