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Market players across the globe are of the view that the US economy will grow at its fastest pace in decades this year, thanks to massive economic support by the government, easy monetary conditions and faster rollout of vaccinations in the US compared with other countries View All More. The US dollar remained steady against a basket of major currencies in early Asian trade today.
It continued to trade near multi-month highs due to optimism over upbeat US economic data and progress over the rollout of coronavirus vaccines. Equities in the US rose on Thursday as investors picked stocks that are likely to do well during a recovery, anticipating that the US economy will grow at its fastest pace in decades this year. Investors also took comfort from upbeat economic data.
Market participants also took comfort from President Joe Biden's press conference where he announced a new target for coronavirus vaccinations of mln doses during his first days in office. Connecting Server For Live Charts Subscribe.
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Able to discuss and share our business as well as personal issues. Sahil Shah, Designer. Toggle navigation. Select Currency. The outlook for the greenback remains bearish amid negative US real rates, stronger economic growth prospects in Emerging Market EM economies, and inflating fiscal deficits — courtesy of the massive covid relief aid package. Absolutely fantastic service.
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