Dollar falls vs yen, Swiss franc; sterling up after BoE rate cut - Reuters

in DLIKE5 years ago

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The U.S. dollar resumed its decline against the Japanese yen and Swiss franc on Wednesday, as fears over the spreading coronavirus pushed investors into safe havens, even as sterling recovered after the Bank of England unexpectedly cut interest rates.Central banks and governments around the world are scrambling to limit the economic damage of the coronavirus outbreak, which has sent stock markets into a tailspin as investors head for the safety of government bonds


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