The Dollar fell by -0.4% against the Euro towards 1.1890 and -0.25% against the Pound (towards 1.3355, despite the BoE's warning of the damage that a hard Brexit could cause).
The sharpest decline materialized against the Canadian Dollar which recovered +0.6% towards 1.30.
The Dollar is losing ground despite a +3Pts rise in the yield on T-Bonds towards 0.885% but the markets are betting that US long rates will fall with janet Yellen's share at the head of the US Treasury (the former head of the Fed is a 'monetary dove' who knows very well the mechanisms to maintain rates low in times of growth, which is expected to return in 2021).

New York Federal Reserve Chairman John Williams is pleased with the way the Fed's bond-buying program works.

He also states that once the political transition is complete (January 20), the programs cancelled by Steven Mnuchin last Thursday can be reactivated.
But fiscal policy (stimulus packages) seems to him to be the best tool at the moment, in preference to monetary support from the Fed.

The US figures of the day seem a little contradictory but have not had a big impact on the greenback: household confidence is falling sharply (from -5.3Pts to 96.1, against 101.4) but the real estate price barometer 'Case-Shiller/CoreLogic' which evaluates the housing market in 20 major American cities soars by +6.6% in October, up sharply from +5.3% observed in September (the consensus expected a quasi-stagnation at 5.4%).

Case-Shiller's 'broad' index, which covers the whole country, reveals a +7% surge in house prices: this is the fastest 12-month gain since 2014.