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Dollar retreats, equities squeeze higher as contagion slows

Dollar retreats, equities squeeze higher as contagion slows

Global Market Insights - Forex, Futures, Stocks

April 7, 20204m 9s

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US stocks climb 7% on signs the pandemic has peaked in Europe, dollar and yen struggle. Talk of another multi-trillion US rescue package supporting sentiment too. Gold rallies on hedging and deficit expectations. Today: Eurogroup meeting on ‘coronabonds’ could be vital for euro.

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