The Dollar overall headed lower on Friday, with the bulk of losses coming in the London morning session. Heavy risk-off conditions returned, with the usual suspects driving equities lower. The uncertainties over vaccines, the Covid outlook, new variants of the virus, along with equity market disruptions caused by the arrival of “casino” stocks, all weighed on sentiment. As has been the case of late though, the USD fell on the back of risk-off instead of rallying.
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