Open: London Session | Forex, Metals, Oil, Agriculture November 18, 2020



Dollar index The dollar index has closed the last session at 92.43, declining by 0.22 per cent. Meanwhile, the dollar is reliably treated as a haven, which explains why Bloomberg’s broad dollar index spiked as the pandemic took hold. Trade strategy As the domestic currency shows strength on the back weak dollar index, it is likely to appreciate today amidst choppiness. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was down 0.02 per cent to 92.40.
At 104.14 per dollar, the yen has recouped more than half of the steep losses it suffered last week after Pfizer announced it had developed a working COVID-19 vaccine. The Chinese yuan has gained nearly 9% against the dollar since late May, despite the central bank taking various actions to temper its strength. At the interbank forex market, the domestic unit opened at 74.49 against the US dollar, then gained ground and touched 74.44 against the American currency.
The supports of INR are at 74.50 and 74.60 BL Research Bureau Last session, the rupee (INR) managed to close at 74.46 against the dollar (USD) amid volatility. Floyd said that watching the dollar index helps him figure out what he’s going to do in the S&Ps. We continue to save every dollar possible and invest as much as we can into income producing assets.


When the price of oil plummeted at the beginning of the year, the company was forced to cut its dividend to cover its outstanding debt obligations. We purchased shares of the French oil company back in February 2020, right before the pandemic settled in. The oil giant has cut their dividend twice in 2020. In hindsight, adding Total to our oil portfolio of Exxon (NYSE:XOM), Chevron (NYSE:CVX), Royal Dutch Shell (NYSE:RDS.A), BP (NYSE:BP), Kinder Morgan (NYSE:KMI), and Occidental Petroleum (NYSE:OXY) was not necessary.
Sure, we do have a lot of oil companies in our combined portfolio. The oil services index is up over 40% in November. Take the Oil & Gas sector for example.

United States

Meaning it would look like Trump would win, and then suddenly Biden would win at the last minute. Another new dividend we received compared to last year was Cincinnati Financial (NASDAQ:CINF). An article in the Guardian, of all places, went into great detail about this just last year, when they were suggesting that Trump may have stolen the 2016 election. The US Deep State has carried out coups all around the world, many of them bloody and violent, in order to maintain Imperial ambitions and keep wars-for-profit going.
Within a year the “attacks” of 9/11 had happened, and the US was at war in Afghanistan and planning six more wars within 3 years. Trump is planning to continue hardline measures against China during his last weeks in office, right up until inauguration day on January 20. The company is the 3rd largest of its kind in the US and in the past five years has increased market share primarily through organic growth. Another Michigan county reported an error which switched 5,500 votes from Trump to Biden – a swing of 11,000 votes.
“The US and countries across Europe are enforcing stricter measures to tackle the rising second wave of cases. The other two new positions we received dividends from were Genuine Parts Company (NYSE:GPC) and ViacomCBS (NASDAQ:VIAC).


Consistent with China’s toughening policies toward its neighbors, , which led to wholesale resignations that have left Hong Kong’s governing council under the total control of pro-Beijing hardliners. National Security Council spokesman John Ullyot recently boasted to Axios, “Unless Beijing reverses course and becomes a responsible player on the global stage, .” These actions are consistent with the hard lines Beijing has taken on its “reeducation camps” for Uighurs in Xinjiang and its border dispute with India in the Himalayas.
Honghai Bay is about 100km (62 miles) from Taiwan-controlled Pratas Island, which is also claimed by Beijing.


“Vaccine deployment isn’t an immediate fix … expect things to remain mixed and messy.” Elsewhere sterling edged higher as traders hoped for a Brexit trade deal breakthrough.