During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
Swiss franc dips moderately after rising on North Korea tensions
On Thursday, the Swiss franc declined against the evergreen buck, though still held on to the bulk of hefty revenues earned yesterday because heightened tensions between America and North Korea made traders seek havens.
Versus the US dollar, the Swiss franc declined 0.1% sliding to 0.9645 per dollar, having grown 1.1% on Wednesday.
On Wednesday, the Swiss franc had also leapt more than 1% versus the common currency, recording one of its largest single-day leaps versus the euro since in 2015 the Swiss National Bank removed its cap on the Swiss franc.
The Swiss franc last traded at 1.1332 per euro, moderately losing on the day.
The Japanese yen slid modestly versus the greenback, losing some steam after having jumped on Wednesday to its maximum in eight weeks.
The greenback headed north 0.1% getting to 110.16 yen, ascending from Wednesday's minimum of 109.56 yen that appeared to be the US currency’s lowest outcome since June 15.
The market optimism waned amid stricter restrictions to control rising coronavirus infections. S&P 500 and Nasdaq dropped from the all-time highs, while the USD jumped higher.
S&P 500 skyrocketed to the all-time high on optimism that Biden’s fiscal stimulus will support economic growth and boost corporate earnings.
PMI reports from the EU, the UK, and the USA will be released during the day!