The US dollar basket is just a handful of pips away from making a fresh 32-month low ahead of Wednesday’s FOMC policy meeting

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Equity markets regain bullish momentum as Brexit and US stimulus hopes are renewed

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The extension of Brexit negotiations has notably buoyed the British Pound. However, the lack of meaningful progress on several key issues suggests a no-deal scenario is still a firm possibility.

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The prospects of a split US stimulus package and the rollout of Pfizer’s coronavirus vaccine sent gold prices lower on Monday. A weaker USD appears to offer little support to precious metal prices.

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