Friday, March 27, 2020

Dollar sank most since 1985 this week. That may be good news

Stress in cross-currency basis markets, a key funding channel, has eased.

from Economic Times https://ift.tt/2WVRQxA

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...