FX Signals \Vaccine Rollout Fed Meeting

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3 min readDec 13, 2020

Vaccine Rollout Fed Meeting

December 13, 2020 in Forex Signals Trading

Vaccine Rollout Fed Meeting

FxPremiere.com — Stocks fell on Friday to wrap up a losing week, but Wall Street’s major indexes stayed near their recent record highs amid ongoing optimism over Covid-19 vaccine progress. us index

Reserve Bank of Australia Monetary policy Meeting Minutes

The S&P 500 declined 0.1% to end the day at 3,683, the Nasdaq Composite shed 0.2% to settle at 12,377, while the small-cap Russell 2000 dipped 0.6% to finish the session at 1,910. us dollar index

Dollar Down as Vaccine Optimism

The Dow Jones Industrial Average meanwhile eked out a gain of 47 points, or 0.2%, to end at 30,046.

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Both the Dow and S&P 500

Both the Dow and S&P 500 posted their first weekly declines in three weeks, losing 0.6% and 1%, respectively. The tech-heavy Nasdaq suffered a loss of 0.7% over that time frame, however the Russell 2000 scored its sixth straight weekly gain, rising 1%.

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Vaccine Rollout Fed Meeting Dollar Weakens on Vaccine

Investors will be watching fresh vaccine developments in the week ahead.

The U.S. Food and Drug Administration on Friday granted an emergency use authorization of Pfizer (NYSE:PFE)’s COVID-19 vaccine, developed with German partner BioNTech (NASDAQ:BNTX).

Trading during COVID-19

The U.S. government has said it will begin distributing the vaccine around the country immediately, with the first inoculations expected within days.

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Meanwhile, in earnings, there are just a few notable companies reporting their latest financial results, including Nike (NYSE:NKE), and FedEx (NYSE:FDX).