The US Dollar Index maintained positive sentiment and remained close to a 2-month peak on news of higher yields on US Treasury instruments
Democratic candidates won both of Georgia’s Senate seats earlier this week, putting the upper chamber of the U.S. Houses of Congress into deadlock.
The pound sterling held just below a recently struck 2½ year peak against the US dollar, fueled by speculation that the Bank of England may take interest rates even lower than they are now, possibly to sub-zero levels.
The United States Congress announced the certification of the Electoral College votes, confirming that Joseph R. Biden will be the next president of the United States.
Bitcoin Hits New Record High Above $37k; Major Stock Indices Hit Record Highs and Remain Firm; Democrats Take Control of Senate by Winning Georgia; 4 Trump Supporters Die Storming Congress
The US dollar came under heavy pressure with the US Dollar Index striking a near 3-year trough as markets gauged the outcome of the Georgia Senate race.
It seems that both Democratic candidates are set to win Georgia's Senate seats, which would give the Democrats a trifecta for the first time since 2009.
Bitcoin Hits New Record High Above $35k; Democrats Close to Winning Control of Senate as Georgia Counts; Precious Metals Surge; England Announces Hard Lockdown; Coronavirus Mutation Fears Spook World.
On 6th January 2021, it became illegal for a broker conducting business in the U.K. to offer trading in cryptocurrency derivatives, including Bitcoin CFDs.
The pound sterling was steady against its US and European counterparts, but is coming under pressure.
Both President Trump and Joe Biden visited Georgia to campaign for their endorsed candidates in the Senate runoff election.
Major Indices Fall Sharply from Record Highs; Bitcoin Sells Off; Precious Metals Surge; England Announces Hard Lockdown; Coronavirus Mutation Fears Spook World.
On the first trading day of the year, and trading outside of the EU, the pound sterling was lower against the euro, but higher against the US dollar.
The COVID-19 pandemic is getting more concerning in the United Kingdom as coronavirus cases soar in some parts of the island.
Major Indices Close Week at Highs; Bitcoin Trades Above $34K; Precious Metals Surge; U.S. Dollar Weak; British Pound Hits Multi-Year Highs; Coronavirus Deaths Hit New Daily Record.