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USD Enroute for Weekly Gain as Pandemic Recovery Becomes Sluggish

The dollar moved towards its most successful week of the month on Friday. This happened due to rising coronavirus cases and halted progress toward U.S.

stimulus resulted in frightened investors looking for safe assets.As new restrictions to control COVID-19 were rolled out in Europe and Britain, the world’s reserve currency moved up to a two-week high of 93.910 competing against a basket of currencies =USD.

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