{"id":107281,"date":"2020-12-17T09:49:22","date_gmt":"2020-12-17T09:49:22","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107281"},"modified":"2020-12-17T09:50:54","modified_gmt":"2020-12-17T09:50:54","slug":"105059-global-roundup-dollar-selling-drives-risk-assets-higher","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/","title":{"rendered":"Global Roundup: Dollar Selling Drives Risk Assets Higher"},"content":{"rendered":"<ul>\n<li>Fed maintains policy.<\/li>\n<li>BOE expected to retain the current policy.<\/li>\n<li>Bitcoin and gold higher.<\/li>\n<li>AUD, NZD higher.<\/li>\n<\/ul>\n<p>Risk-on bulls are enjoying an upper-hand as Brexit hopes and US stimulus progress helped them to sidestep the absence of any new Fed boost in yesterday&#8217;s monetary policy and the probability of unchanged BOE monetary policy.<\/p>\n<p>Bitcoin went past 22,000 dollars level, and gold is also on the rise, trading near 1,870 dollars.<\/p>\n<p>The Fed would continue Quantitative Easing until substantial economic improvements are visible, but didn&#8217;t mention any adjustment to bond-buying.<\/p>\n<p>The dollar went up first in response to the Fed announcements but later started to slide. Market participants believe a fiscal stimulus deal is near and consider it as the probable reason for the lack of immediate action from Federal Reserve Chairman Jerome Powell &#8211; who instead urged the lawmakers to act.<\/p>\n<p>The upcoming Georgia runoffs might force the Republicans to agree to a deal as Senate Majority Leader Mitch McConnell urged them to seal an agreement with the Democrats. Meanwhile, a 900 billion dollar bill has been under consideration by the lawmakers.<\/p>\n<p>President-elect Joe Biden mentioned the said proposed deal as a &#8220;down payment \u201cahead of further relief during his upcoming term.<\/p>\n<p>GBP\/USD moved toward 1.36 as Brexit negotiators indicated that only fisheries remain from the earlier list of contentious topics. Even though minuscule in size, the industry&#8217;s political impact has been tremendous.<\/p>\n<p>Bank of England might leave its policy unchanged in 2020&#8217;s last decision.<\/p>\n<p>AUD\/USD surged on robust job reports, with unemployment falling to 6.8 Percent and 90,000 new jobs created, in November &#8211; both surpassing estimates by a wide margin. The pair trades near 0.76.<\/p>\n<p>NZD\/USD trades near 0.7135, helped by better-than-expected 14 Percent rise in third-quarter GDP.<\/p>\n<p>The Swiss National Bank might not change its Libor Rate of -0.75 Percent, while the franc hardly had an impact from the US Treasury naming Switzerland as a currency manipulator.<\/p>\n<p>Meanwhile, the US might witness a fall in unemployment claims from the 853,000 last week. Also, traders eye Building Permits and Housing Starts.<\/p>\n<p>FDA might approve Moderna&#8217;s coronavirus vaccine in the coming days while Pfizer\/BioNTech vaccine&#8217;s allergic responses and schedules are in the news. The pandemic has been continuously creating more cases in the US and Europe, with US hospitalisations at new highs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fed maintains policy. BOE expected to retain the current policy. Bitcoin and gold higher. AUD, NZD higher. Risk-on bulls are enjoying an upper-hand as Brexit hopes and US stimulus progress helped them to sidestep the absence of any new Fed boost in yesterday&#8217;s monetary policy and the probability of unchanged BOE monetary policy. Bitcoin went [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":3195,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379],"tags":[1540,3361,1439,2796,1888,2449,1649,2692],"class_list":{"0":"post-107281","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"tag-aud","9":"tag-bitcoin","10":"tag-boe","11":"tag-coronavirus-vaccine","12":"tag-gbp-usd","13":"tag-joe-biden","14":"tag-nzd","15":"tag-snb"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global Roundup: Dollar Selling Drives Risk Assets Higher - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"Global Roundup: Dollar Selling Drives Risk Assets Higher\",\"datePublished\":\"2020-12-17T09:49:22+00:00\",\"dateModified\":\"2020-12-17T09:50:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/\"},\"wordCount\":385,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100026-gbp-up-global-economy-usd-down-1.jpg\",\"keywords\":[\"aud\",\"Bitcoin\",\"boe\",\"coronavirus vaccine\",\"gbp\\\/usd\",\"Joe Biden\",\"nzd\",\"SNB\"],\"articleSection\":[\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/\",\"name\":\"Global Roundup: Dollar Selling Drives Risk Assets Higher - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100026-gbp-up-global-economy-usd-down-1.jpg\",\"datePublished\":\"2020-12-17T09:49:22+00:00\",\"dateModified\":\"2020-12-17T09:50:54+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100026-gbp-up-global-economy-usd-down-1.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100026-gbp-up-global-economy-usd-down-1.jpg\",\"width\":800,\"height\":405,\"caption\":\"GBP\\\/USD Dollar Weakens as World Economy More Optimistic\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global Roundup: Dollar Selling Drives Risk Assets Higher\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\",\"name\":\"Stelian Olar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"caption\":\"Stelian Olar\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/stelian-olar\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global Roundup: Dollar Selling Drives Risk Assets Higher - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/","twitter_misc":{"Written by":"Stelian Olar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/"},"author":{"name":"Stelian Olar","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"headline":"Global Roundup: Dollar Selling Drives Risk Assets Higher","datePublished":"2020-12-17T09:49:22+00:00","dateModified":"2020-12-17T09:50:54+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/"},"wordCount":385,"image":{"@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100026-gbp-up-global-economy-usd-down-1.jpg","keywords":["aud","Bitcoin","boe","coronavirus vaccine","gbp\/usd","Joe Biden","nzd","SNB"],"articleSection":["GBP"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/","url":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/","name":"Global Roundup: Dollar Selling Drives Risk Assets Higher - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100026-gbp-up-global-economy-usd-down-1.jpg","datePublished":"2020-12-17T09:49:22+00:00","dateModified":"2020-12-17T09:50:54+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100026-gbp-up-global-economy-usd-down-1.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100026-gbp-up-global-economy-usd-down-1.jpg","width":800,"height":405,"caption":"GBP\/USD Dollar Weakens as World Economy More Optimistic"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/105059-global-roundup-dollar-selling-drives-risk-assets-higher\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"Global Roundup: Dollar Selling Drives Risk Assets Higher"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186","name":"Stelian Olar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","caption":"Stelian Olar"},"url":"https:\/\/currencylive.com\/news\/author\/stelian-olar\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100026-gbp-up-global-economy-usd-down-1.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/107281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946612"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=107281"}],"version-history":[{"count":1,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/107281\/revisions"}],"predecessor-version":[{"id":107282,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/107281\/revisions\/107282"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/3195"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=107281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=107281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=107281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}