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Weak dollar triggers risk-on trades across equity markets

The rally in the US has rubbed off on all major markets, despite complete pandemonium in almost all economies

June 05, 2020 / 09:26 AM IST
Weak dollar triggers risk-on trades across equity markets

  World markets are on fire as though we are in the middle of an economic boom. Post the sharp fall beginning in January 2020, markets have recovered between 30-40 percent across the globe. Reports say the US market has seen the best 50-day rally in its history with a 37.7 percent return during the period. A report by US-based LPL Financial has looked at the other largest 50-day rallies and found that stocks were higher 100 percent of the time...

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