Dollar keeps safe-haven bid as resurgent virus threatens recovery – ZAWYA

  • Date: 26-Jun-2020
  • Source: Zawya
  • Sector:Transport
  • Country:UAE
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Dollar keeps safe-haven bid as resurgent virus threatens recovery – ZAWYA

Dollar keeps safe-haven bid as resurgent virus threatens recovery Dollar keeps safe-haven bid as resurgent virus threatens recovery | ZAWYA MENA Edition HomeMarketsCurrenciesArticleDollar keeps safe-haven bid as resurgent virus threatens recovery The dollar index stood at 97.360, having pared a large part of this week's losses    U.S. currency is seen in this picture illustration taken March 6, 2020. TOKYO  - The dollar held firm on Friday as caution over rapid rises in U.S. coronavirus cases cast doubt over the reopening of the economy, keeping demand for the safe-haven currency intact.The dollar index stood at 97.360, having pared a large part of this week's losses.Against the yen, the dollar traded at 107.09 yen, having gained 0.5% in the overnight session. It has held gains of 0.2% so far this week.The dollar index stood at 97.360, having pared a large part of this week's losses.TOKYO  - The dollar held firm on Friday as caution over rapid rises in U.S. coronavirus cases cast doubt over the reopening of the economy, keeping demand for the safe-haven currency intact.Against the yen, the dollar traded at 107.09 yen, having gained 0.5% in the overnight session. It has held gains of 0.2% so far this week.The