Topley’s Top 10 – November 20, 2020

1. Top 10 Has Shown Multiple Charts on Dollar Weakness….Euro Most Common Currency Last Month First Time Since 2013

Dave Lutz at Jones Trading The euro was the most used currency for global payments last month, the first time it has outpaced the dollar since February 2013 – Data from the Society for Worldwide Interbank Financial Telecommunications, which handles cross-border payment messages for more than 11,000 financial institutions in 200 countries,showedthe European Union’s single currency and the greenback were followed by the British pound and the Japanese yen.The Canadian dollar overtook China’s yuan for the fifth spot, Swift said\\

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