US Dollar Thumped
From marctomarket.com
Overview: The prospects of a UK-EU deal and US stimulus continue to underwrite risk appetites and weigh on the dollar. Equity markets are moving higher. Led by Australia and China, the MSCI Asia Pacific Index rose to new record highs, while Dow Jones Stoxx 600 in Europe is at its best level since February. US shares are also trading higher. Bond markets are quiet, with European yields paring yesterday's gains while the US 10-year benchmark is hovering around 0.92%. The dollar has lurched lower against nearly all the world currencies today. The Norwegian krone, aided by a central bank suggesting it could be among the ...
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