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Forex Today: The dollar remains supported by fear

6 days ago   |   By FXCM

Here is what you need to know on Friday, October 16:
Risk aversion was the only market motor this Thursday. Equities fell and the dollar won against all of its major rivals. Investors were discouraged by coronavirus-related issues.
The number of new contagions in Europe continues to rise exponentially , with France reporting 30,621, the UK announcing 18,980 and Spain reporting 13,318 new COVID-19 cases. In the UK, the London area is moving into the high level of alert this Saturday, amid the sharp increase in new coronavirus contagions. This means that more than half of England's...
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