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Dollar on defensive as rate cut spooks markets, yields slide | |
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March 04, 2020 The dollar hovered near five-month lows versus the yen on Wednesday after the U.S. Federal Reserve's emergency 50 basis point rate cut sparked more anxiety about the impact of the coronavirus and sent Treasury yields tumbling to record lows. Source: https://www.cnbc.com/2020/03/04/forex-markets-federal-reserve-rate-cut-in-focus.html |
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