Overall, U.S. markets saw the biggest inflows this month, creating a strong bearish signal on the U.S. Dollar heading into the final trading day of the month on Friday. That said, the timing of the Thanksgiving holiday may prompt some U.S. fund managers to rebalance a bit earlier on Wednesday.
One central bank ends QE, another increases it. This is not a trick, but a treat for the markets. The global equity markets found additional buoyancy on Friday after the Bank of Japan surprised the markets overnight by expanding its monetary easing program to about 80 trillion yen a year, up from Y60tn-Y70tn previously.