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Stock impact report

Why the U.S. dollar’s record-breaking surge will reverse by the end of this year [Financial Post (Toronto, Ontario, Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Financial Post
Why the U.S. dollar's record-breaking surge will reverse by the end of this year The U.S. is being the most aggressive among it peers with monetary easing and government spending The U.S. dollar is heading for a drop towards the end of this year, according to strategists, in what would mark a reversal from a record-breaking surge when coronavirus first washed over markets. The world’s most important currency shot higher in March, reaching its strongest ever point when stock and bond markets suffered the most intense phase of the pandemic’s impact. A month later, the dollar — widely considered a haven in times of stress — remains unusually strong. But some analysts and investors are confident that the tide will soon shift, after central banks around the world acted to ease the flow of dollars around the financial system. Big cuts in U.S. interest rates, which are much larger than those in other big economies, are also likely to drag down the dollar in the coming months, they say. “The Show less Read more
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