Euro stands tall as investors bet recovery hampers dollar, stocks up

FILE PHOTO: A security guard wearing a face mask walks past the Bund Financial Bull statue, following an outbreak of the novel coronavirus disease , on The Bund in Shanghai, China March 18, 2020. REUTERS/Aly Song/File Photo

“Overall, sentiments are improving,” said Vishnu Varathan, head of economics at Mizuho Bank in Singapore. Sliding real bond yields have added to the lustre of precious metals, at the same time that industrial demand has put silver on a tear. Spot prices XAG=for the metal, used in solar systems, rose 5% on Wednesday and are up 15% for the week.“The silver-gold price ratio is still well short of the long-term average,” said Commonwealth Bank of Australia commodities analyst Vivek Dhar

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