Philippines
2020-03-28 19:06
Market analysisDollar Heads for Worst Week Since 2009
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Market analysis:
Two weeks after investors dumped everything they could to hoard U.S. dollars, some are now happy to sell.
The Bloomberg Dollar Spot Index is headed for its biggest weekly loss since 2009, with the greenback sliding against 16 major peers. Traders point to a confluence of reasons, ranging from less stress in funding markets, the repatriation of funds as the quarter ends and the worsening coronavirus outbreak in the U.S.
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Dollar Heads for Worst Week Since 2009
Philippines | 2020-03-28 19:06
Two weeks after investors dumped everything they could to hoard U.S. dollars, some are now happy to sell.
The Bloomberg Dollar Spot Index is headed for its biggest weekly loss since 2009, with the greenback sliding against 16 major peers. Traders point to a confluence of reasons, ranging from less stress in funding markets, the repatriation of funds as the quarter ends and the worsening coronavirus outbreak in the U.S.
Others
Commodity
Others
Others
Others
Others
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