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Markets plunge on Xi Jinping virus, oil war, Fed rate cut

March 9, 2020 by Richard Schulman Leave a Comment

The weekly trade report with L.C. In the foreign exchange market last week, the dollar plunged vs. the yen and euro. Today, March 9th, the dollar fell further against the euro. It was the worst weekly drop for the US currency in four years, and was accompanied by a dive in US government bond yields. […]

Filed Under: Market plunge  Tagged: Federal Reserve, US shale oil

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