Dollar rises, euro falls as global turbulence grows

Dollar rises, euro falls as global turbulence grows

August 21, 2020

“Clearly the PMI numbers this morning suggest that Europe is losing a little momentum here and that we’re seeing some turbulence in other areas of the global economy. So that is weighing on the performance gap between the U.S. and its major counterparts,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments.

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