Dollar weakens as U.S. stimulus impasse undermines

Dollar weakens as U.S. stimulus impasse undermines

August 12, 2020

“Certainly that (stalemate) has weighed on growth prospects for the U.S.,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments in Toronto. “Markets have had to downgrade expectations with respect to the size of the stimulus package that will be hammered out.”

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