FOREX-Dollar gains on coronavirus, tariff concerns | ZAWYA MENA Edition – ZAWYA

FOREX-Dollar gains on coronavirus, tariff concerns | ZAWYA MENA Edition – ZAWYA

FOREX-Dollar gains on coronavirus, tariff concerns FOREX-Dollar gains on coronavirus, tariff concerns | ZAWYA MENA Edition HomeMarketsCurrenciesArticleFOREX-Dollar gains on coronavirus, tariff concerns The U.S. currency was broadly flat against a basket of currencies    NEW YORK- The dollar gained on Wednesday as a rise in coronavirus cases in the United States weighed on optimism about a quick economic recovery, and as the U.S. weighed tariffs on European products.Arizona, California, Mississippi and Nevada on Tuesday reported record numbers of new cases of COVID-19, the disease caused by the novel coronavirus, while Texas set a record on Monday. "The positive market mood during yesterday's North American session on economic rebound optimism stalled overnight as concern may be building in overseas markets over rising COVID-19 case counts in the U.S.,“ analysts at Scotiabank said in a report.Arizona, California, Mississippi and Nevada on Tuesday reported record numbers of new cases of COVID-19, the disease caused by the novel coronavirus, while Texas set a record on Monday. NEW YORK- The dollar gained on Wednesday as a rise in coronavirus cases in the United States weighed on optimism about a quick economic recovery, and as the U.S. weighed tariffs on European products."The positive market mood during yesterday's North