Bloomberg: The dollar may benefit from demand for safety with CNN reporting that President Trump plans to issue about 100 pardons and commutations Tuesday, his last full day in office. White House officials don’t expect the president to pardon himself, according to Bloomberg.
It probably won’t be a huge market mover, but it’s too big a deal to let pass without making a comment. Just about every trader will be watching. Toss in concern that the Biden inauguration will draw protests in Washington and at state capitols, and there’s more reason to be bullish on haven assets over the next few days.
It probably won’t be a huge market mover, but it’s too big a deal to let pass without making a comment. Just about every trader will be watching. Toss in concern that the Biden inauguration will draw protests in Washington and at state capitols, and there’s more reason to be bullish on haven assets over the next few days.