Dollar firm as virus' spread and stimulus stalemate raise caution

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The dollar found support on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress toward a U.S. stimulus package put traders in a cautious mood, although hopes for a Brexit trade deal held sterling steady.

FILE PHOTO: Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration, the greenback trod water in the Asia session, after having fallen broadly last week. Against the risk-sensitive Australian dollar and against the euro it gained about 0.2%.The United States has recorded its highest ever number of new COVID-19 cases for two consecutive days and so has France.

Hopes for a breakthrough in the trade-deal stalemate between Britain and Europe held the pound steady above $1.30. [GBP/]BLUE WAVES AND CENBANKS “The risk is that ECB President Christine Lagarde strikes a dovish tone during her post-meeting press conference,” said Commonwealth Bank of Australia currency analyst Joe Capurso.

“I think that the dollar is now as polarised as it gets,” said Diego Parrilla, chief investment officer of Quadriga Igneo, a fund designed to profit in market turmoil.

 

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Stop fooling the people of the world. If governments respect human life, they can defeat the virus. for some reason the US government has no respect for American people and 200,000 US people is dead by covid-19 The death number is will rise to 300,000.

I would ask you to place a ban on Islamophobia and hate against Islam for Facebook that you have put,'Imran Khan- accusing India and France of discriminating against Muslims,HA HA HA World is going to BAN Islamist in their Country forever.Muslim need to correct them.

Have you tried NoSpendNovember? Keep the change and the rest of it, and listen to music made by independent artists instead of spendin yo money.

one of the ways in different nations to minimize the consequences of covid-19: hunger, unemployment, shortages of drugs, misery; It is to stop privileging to continue getting rich;

Buy gold before the elections instead of keeping dollar !!!

turkey's economy is collapsed, thanks to erdogan

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