XE Market Analysis: North America – Nov 24, 2020

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The dollar and yen came under pressure as risk-on positioning re-established. Pound outperformance was another theme. The MSCI Asia-Pacific ex-Japan stock index hit a new record high. Europe’s Stoxx 600 pared early gains, leaving last week’s eight-month highs unchallenged, but remained remaining buoyant. S&P 500 E-mini futures were showing a 0.5% gain as of the late London morning.