Date: 25 Jun 2020
As trading gets under way on Thursday, the Dollar Index is rising for the second day in a row, as fears about a resurgence of the coronavirus are overshadowing hopes of a quick economic recovery. The greenback emerged from the coronavirus crisis as one of the safe havens of choice for currency traders and its current revival is linked to increasing anxiety that a quick economic recovery may prove unattainable due to the growing number of new cases around the globe and the enhanced containment measures that may be required as a result.
Ricardo Evangelista – Senior Analyst, ActivTrades
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