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Powell warns of lasting virus damage, empowers dollar but sinks stocks

Powell warns of lasting virus damage, empowers dollar but sinks stocks

Global Market Insights - Forex, Futures, Stocks

May 14, 20203m 57s

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Fed Chair Powell delivers bleak assessment of US economy but rules out negative
rates. Dollar stands tall as Wall Street takes a dive, pulling global stocks with it.
Pound and kiwi slip to multi-week lows, aussie and loonie also on the backfoot.

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