Dollar drifts higher as Covid-19, China data sap confidence

Dollar drifts higher as Covid-19, China data sap confidence

Malay Mail Online - Money·2020-08-14 15:03

The yen was steady on the dollar at 106.94 in morning trade and is a little less than 1 per cent softer for the week. ― Reuters pic

SINGAPORE, Aug 14 ― The dollar drifted higher today, helped by strong US jobs data as well as firmer global demand for safe-havens amid concerns about the coronavirus recovery, setting the currency up to potentially snap a seven-week losing streak.

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