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US dollar holds upper hand; recovery doubts creep in

Published Thu, Jun 25, 2020 · 09:50 PM

London

THE US dollar edged higher on Thursday as factors ranging from rising trade tensions to fears of a second wave of the novel coronavirus fuelled demand for safe-haven currencies.

The dollar index was last up 0.17 per cent on the day at 97.40, but remained below a 2020 high of near 103 in late March.

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