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Stock impact report

Dollar Faces Treacherous December as Trump, Rate Risks Boil Over [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams In Traffic-Weary Toronto, a Battle Breaks Out Over Bike Lanes The US currency has advanced about 2% since the Nov. 5 election, but seasonality shows the odds are stacked against it from here. The greenback posted losses in eight of the last 10 Decembers, often a victim of year-end portfolio rebalancing flows and the so-called Santa Rally that emboldens traders to sell dollars for riskier assets like stocks. The chances of outsized, sudden swings are greater this time around with the risk of US president-elect's social media posts roiling markets, unnerving traders in a month that also has nine major central bank policy meetings and a deluge of key economic data. Any whiff of a negative surprise could trigger a stampede to the ultimate haven currency, rendering the “sell the dollar” narrative obsolete. “Better hold on to your seats,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. “It's us Show less Read more
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