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Friday,
27-Mar-2020
02:30 (IST)
The dollar fell further in early trading in Europe Friday, as the likely passage of a $2.2 trillion U.S. package helped soothe worries of a global recession following the coronavirus outbreak and also looked set to increase the Federal Reserve’s balance sheet substantially. At 3:55 AM ET (0755 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 99.565, rebounding a touch after sharp losses overnight. It is trading below the 100 level for the first time since March 18.The index is down some 4% from a week ago. If sustained by the end ...
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Friday,
27-Mar-2020
09:24 (IST)
The dollar is on track for its biggest weekly fall in more than a decade on Friday as a series of stimulus steps around the world, including a $2.2 trillion U.S. package, calmed a panic over a global ...
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Thursday,
26-Mar-2020
02:02 (IST)
The euro has posted gains Thursday amid talk of a new debt instrument to combat the coronavirus outbreak as the death toll rises and the economic damage becomes more stark. At 4:10 ET (0810 GMT), EUR/...
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Thursday,
26-Mar-2020
09:14 (IST)
The dollar fell against the yen and the euro on Thursday before data expected to show a surge in U.S. claims for unemployment benefits as companies lay off workers due to the rapid spread of the coron...
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Tuesday,
24-Mar-2020
02:22 (IST)
The U.S. dollar has retreated Tuesday, weighed down by the latest hefty rescue package from the U.S. Federal Reserve, at least for now. At 03:55 ET (0755 GMT), EUR/USD traded at 1.0833, up 1%. The U.S...
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Tuesday,
24-Mar-2020
01:55 (IST)
Britain’s pound rallied against the dollar and was on steadier ground versus the euro on Tuesday, winning a respite from a battering in recent days. Sterling, along with most currencies, has see...
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Tuesday,
24-Mar-2020
10:51 (IST)
The pound rebounded on Tuesday following reports that U.K. Prime Minister Boris imposed stricter lockdown measures to combat the COVID-19 pandemic. The GBP/USD pair was up 0.8% to 1.1636 by 12:10 AM E...
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Tuesday,
24-Mar-2020
09:12 (IST)
The dollar eased on Tuesday but remained near a three-year high against a basket of currencies as investors sought the world's main funding and settlement currency ahead of a sharp anticipated fal...
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Monday,
23-Mar-2020
04:46 (IST)
The British pound weakened on Monday, heading back towards the 35-year lows hit last week as investors rushed to buy the U.S. dollar amid another round of panic about the economic hit from the coronav...
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Monday,
23-Mar-2020
04:03 (IST)
The dollar held gains against most peers on Monday as fresh declines in stocks accelerated the flight to cash, although it lost ground against the euro and yen as U.S. lawmakers failed to pass a stimu...
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