But still the Dollar tried to grind hard against Euro Last Friday night. But We don't know how huge the gap will be this monday session when the market open for another week of trading.
US dollar heads for loss on Fed backstop, receding coronavirus fears
The dollar started Friday’s trade on a shaky footing and was on course for a weekly loss as the U.S. Federal Reserve’s massive new lending programme for small companies and signs of a slowdown in coronavirus infections reduced safe-haven demand. The pound pulled ahead against the dollar and the euro as markets breathed a sigh of relief after British Prime Minister Boris Johnson left intensive care following his hospitalisation for COVID-19 symptoms. Currencies from oil-producing countries also held onto gains against the U.S. currency, but the outlook remains uncertain as an agreement between Saudi Arabia and ... (full story)