Worries about rising infection numbers and risks to the fragile global economic recovery made global markets cautious.
Category: Forex News
Fresh positive news from promising vaccine trials offset concerns around the stubbornly high global infection rate and tighter restrictions.
Risk appetite in currency markets eased, as rising COVID-19 hospitalisations in Europe and the United States tempered euphoria about a possible vaccine.
There are still several obstacles to clear before a vaccine can be distributed so the vaccine optimism momentum is starting to fade.
As the race for the White House went down to the wire, investors remained worried about the prospect of a contested result.