HEWU - U.S. Dollar Loses Favor Among Retail Investors Preferring Tighter Monetary Policy
- Retail investors trading instruments linked to currency pairs on the exchange in November indicated a positive outlook for the Canadian and Australian dollars, as well as the British pound, against the US dollar.
- For much of last month, the Federal Reserve stood out from many central banks by maintaining a looser monetary policy than several of its peers, leading investors to favour other currencies over the US dollar in the short term.
- During November, a record 106.3 million securitised derivatives were traded on Spectrum, with 35.9% of trades taking place outside of traditional hours.
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U.S. Dollar Loses Favor Among Retail Investors Preferring Tighter Monetary Policy