What Was Behind That Euro Rally?

The resurgence in risk appetite has resulted in ongoing support for global equities, along with a concurrent round of broad based US Dollar outflow.

The resurgence in risk appetite has resulted in ongoing support for global equities, along with a concurrent round of broad based US Dollar outflow. The market has been feeling a lot better about pushing past the coronavirus, while assurances from Fed Chair Powell have also served as a tremendous confidence booster.

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