FOREX-Dollar heads for weekly loss as taper fears ebb ...Middle East

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FOREX-Dollar heads for weekly loss as taper fears ebb
source : Devdiscourse ( Middle East ) () 55
The dollar hovered around recent lows on Friday and was set to notch a modest weekly drop as traders' concerns at taper talk in Federal Reserve minutes faded, though a pullback in commodity prices and nerves about virus outbreaks kept losses in check. The dollar has given back a bounce it made after a mention of possible future tapering discussions, in minutes from the Fed's April meeting, prompted fears of early rate rises.

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