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Trump hospitalised by COVID-19!

US President Donald Trump has contracted the COVID-19 coronavirus- adding to the uncertainty of the upcoming US election. The dollar gained as haven while stocks dropped on Friday but finished the week higher.

Fed meeting today

GameStop led the way higher again for the most shorted stocks as the Reddit-led short squeeze continued into afterhours trading on Tuesday following a tweet from Elon Musk. Microsoft beat earnings while the dollar dropped before the Fed meeting today.

Dollar jumps after Fed minutes

The dollar was stronger after the Federal Reserve released minutes of its last meeting, while the British pound slumped following new UK guidance on the AstraZeneca vaccine. Rising tech stocks saw the S&P 500 nudge out its 18th record high of 2021.

S&P 500 hits record after Biden signs stimulus bill

The S&P 500 has crossed back into record high territory following a choppy fortnight thanks to fears over rising bond yields. The euro gained amid dollar weakness despite a dovish ECB meeting. Joe Biden Signed the $1.9 trillion stimulus bill.

Record US Coronavirus cases

Good Morning. It’s the last full trading week before the US election. EUR/USD is at its highest in 7 weeks. Wall Street closed lower last week while stocks in Hong Kong rose to the highest since Sept 3.

Dollar drops to 2-month low

The dollar is at its lowest in 2 months after Joe Biden was projected to be new President of the United States and the October NFP report came in better than expected.

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