Dollar dips as plans to reopen economies boosts risk sentiment [CNBC]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: CNBC
The fell across the board on Monday as several countries laid out plans to ease restrictions on businesses that have been closed due to the novel coronavirus outbreak, boosting risk appetite and reducing demand for the safe-haven U.S. currency."Reopening plans have fed into positive market sentiment to start the week," said Win Thin, global head of currency strategy at Brown Brothers Harriman in New York. "The dollar is under some pressure."Italy, which has the world's second-highest rate of coronavirus deaths, is among the countries that have laid out plans to allow businesses to reopen.In the United States, a number of states have eased restrictions on businesses, and more are ready to follow.The euro gained 0.30% to $1.0852. The single currency was also supported after credit-rating agency Standard & Poor's on Friday reaffirmed Italy's BBB rating. Many had expected a downgrade.The yen gained after the Bank of Japan expanded its stimulus to help companies hit by the coronavirus cri
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- SPGI's page on the SEC website