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Dollar firm as virus’ spread and stimulus stalemate raise caution – Investing.com

Dollar firm as virus’ spread and stimulus stalemate raise caution

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By Tom Westbrook
SINGAPORE (Reuters) – The dollar found support on Monday, as surging coronavirus cases in Europe and the United States and a lack of progress toward a U.S. stimulus package put traders in a cautious mood, although hopes for a Brexit trade deal held sterling steady.
Against a basket of currencies (=USD), the greenback trod water in the Asia session, after having fallen broadly last week. Against the risk-sensitive Australian dollar and against the euro it gained about 0.2%.
Sterling…

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