CURRENCIES
Dollar edges lower but stimulus uncertainty keeps euro gains capped
PUBLISHED FRI, APR 24 20206:27 AM EDTUPDATED MOMENTS AGO
U.S. dollar banknotes.
Liu Jie | Xinhua via Getty
The U.S. dollar eased against the euro on Friday, snapping a four-day winning streak as investors covered some bearish bets against the common currency, but broader concerns about the euro’s outlook kept dollar bears in check.
Against the dollar, the euro was up 0.16% on the day at $1.0793. For the week, the dollar remains about 0.7% higher against the euro, set for its biggest ;;weekly rise in three week.
Source:https://www.cnbc.com/2020/04/24/forex-markets-oil-prices-in-focus.html
Dollar edges lower but stimulus uncertainty keeps euro gains capped
PUBLISHED FRI, APR 24 20206:27 AM EDTUPDATED MOMENTS AGO
U.S. dollar banknotes.
Liu Jie | Xinhua via Getty
The U.S. dollar eased against the euro on Friday, snapping a four-day winning streak as investors covered some bearish bets against the common currency, but broader concerns about the euro’s outlook kept dollar bears in check.
Against the dollar, the euro was up 0.16% on the day at $1.0793. For the week, the dollar remains about 0.7% higher against the euro, set for its biggest ;;weekly rise in three week.
Source:https://www.cnbc.com/2020/04/24/forex-markets-oil-prices-in-focus.html
