FOREX-Euro retreats after early gains; Swedish crown falls after Riksbank QE expansion ...Middle East

The euro retreated on Thursday, after briefly hitting a near three-month high against the dollar, as concerns about rising coronavirus cases in Europe grew. The dollar had earlier been on the defensive on downbeat U.S. economic data and optimism about coronavirus vaccines, but later in the session riskier currencies found it hard to maintain gains as key near-term uncertainties held back directional trades.

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