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Dollar in Recovery as Markets Digests Recent Losses, Weak Momentum Though
Dollar recovers mildly today as markets start to digest recent broad-based losses. Gold and silver are also in retreats after initial spikes. But the movements are so far rather limited. While some consolidations might be seen, there is no sign for sustainable rebound in the greenback yet. As of now
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Oil: Gets thrown a lifeline by API inventory data
Risk assets are exhibiting symptoms of distress as lawmakers haggle over the vital lifeline for millions of jobless Americans as Covid-19 continues to wreak havoc on the US economy, disrupting people's lives as consumer fear of the virus is starting to show up in the economic data and earnings repor
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