Dollar keeps weaker on the session as risk rally extends 0 (0)

EUR/USD climbs back towards the 1.1800 level
There’s not much reprieve for the dollar in European morning trade today as the risk rally is pinning the greenback lower currently. European indices are pushing gains of over 2% while US futures are also higher by ~0.7% and that is keeping risk sentiment buoyed.

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New Zealand reports first local coronavirus cases in 102 days; virus restrictions return 0 (0)

New Zealand reports four confirmed cases in one family, with the source of the infection in said cases unknown
If anything else, this will just mean that NZ will surely keep international borders closed for longer. And that will limit the economic recovery in general considering how heavily the country relies on its tourism sector to

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ForexLive Americas FX news wrap: Payrolls provide a dollar boost 0 (0)

Forex news for North American trading on August 7, 2020:
Markets:
– Gold down $32 to $2031
– WTI crude down 43-cents to $42.52
– US 10-year yields up 2.8 bps to 0.564%
The July non-farm  payrolls report was better than expected, even with you adjusted for some  seasonal quirks. The data led to a round of US dollar gains

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Mnuchin: Will recommend Trump move forward with executive orders 0 (0)

Comments from Mnuchin
Reports say they’re something like $1 trillion apart on state/local funds. It’s a bit puzzling why Republican governors are so against this money. Instead, they’re going to have to drastically reduce services and cut workers. I don’t know in which world that’s a popular move. Or maybe that’s where the White House will

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