Dollar holds gains as U.S. coronavirus surge dulls risk appetite – ZAWYA

Dollar holds gains as U.S. coronavirus surge dulls risk appetite – ZAWYA

Dollar holds gains as U.S. coronavirus surge dulls risk appetite | ZAWYA MENA Edition HomeMarketsCurrenciesArticleDollar holds gains as U.S. coronavirus surge dulls risk appetite Against the euro, the dollar traded at $1.1234 on Friday    A U.S. Dollar note is seen in this June 22, 2017 illustration photo. TOKYO - The dollar was hemmed in a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive risk.The yuan held steady as investors avoided big positions due to worries about diplomatic friction between Washington and Beijing over civil liberties in Hong Kong.The U.S. economy added more jobs than expected in June, data showed on Thursday, but reaction in the currency market has been muted because another spike in coronavirus infections threatens to once again put the brakes on economic activity.The yuan held steady as investors avoided big positions due to worries about diplomatic friction between Washington and Beijing over civil liberties in Hong Kong.TOKYO - The dollar was hemmed in a narrow range on Friday, supported by safe-haven flows as a resurgence of the coronavirus in the United States discouraged some investors from taking on excessive