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Stock impact report

Dollar nurses losses after Fed, jump in risk appetite [MSN Money]

Mitsubishi UFJ Financial Group, Inc. (MUFG) 
Company Research Source: MSN Money
TOKYO (Reuters) - The dollar nursed loss on Thursday after the U.S. Federal Rerve left the door op to more monetary easing and damped expectations for a quick economic recovery from the coronavirus pandemic.© REUTERS/Dado RuvicThe greback was also weighed down as signs the pandemic is receding in other countri and reduced safe-hav demand for holding funds in dollars. Additionally boosting appetite for riskier currci were positive trial rults of an experimtal COVID-9 treatmt.Load ErrorThe euro held steady before a European Ctral Bank meeting later on Thursday where policymakers are likely to expand debt purchas to include junk bonds and take other steps to ease conditions in credit markets.More countri are taking steps to re-op their economi as coronavirus infections slow, giving some cause for optimism.However, it will likely take several months for U.S. consumer spding to fully recover giv the massive job loss, which has discouraged any extsive dollar buying."The Fed has already ease Show less Read more
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