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Dollar holds gains as expectations for Biden’s stimulus grow – Reuters

The dollar held above three-year lows versus major peers on Thursday as expectations for President-elect Joe Biden’s fiscal stimulus pushed yields of U.S. government…

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LONDON (Reuters) – The dollar held above three-year lows versus major peers on Thursday as expectations for President-elect Joe Bidens fiscal stimulus pushed yields of U.S. government bonds higher.
FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/Illustration
The 10-year Treasury yield rose after CNN reported the stimulus will be around $2 trillion, adding support for the dollar.
In early European morning trading, the dollar index was little…

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