GLOBAL MARKETS-ECB’s super stimulus salvo sends stocks, euro higher – ZAWYA
- Date: 05-Jun-2020
- Source: Zawya
- Sector:Financial Markets
- Country:Saudi Arabia
GLOBAL MARKETS-ECB’s super stimulus salvo sends stocks, euro higher – ZAWYA
The euro's jump caused the dollar to wobble.. The U.S. currency began strengthening in overnight trading but picked up more sharply in Europe to push the Japanese yen to a two-month low of 109.150.. U.S. crude fell as much as 2% to $36.53 a barrel, while the ECB helped Brent crude temper falls.. It was last at $39.65 per barrel, having climbed above $40 a barrel for the first time since early March on Wednesday.. Spot gold rose 0.25% to $1,701.28 an ounce early on Thursday after losing 1.6% on Wednesday..