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Fed's Bullard: Economic relief bill 'well-sized' to help US Economy

"There is a lot of potential for the small business lending program to be successful," St. Louis Federal Reserve Bank President James Bullard told CBS on Sunday, per Reuters.

"The economic relief bill is well-sized to help the US economy," Bullard added. "Putting in place universal testing for coronavirus would help the economy."

USD strength dominates FX market

The US Dollar Index, which tracks the greenback's performance against a basket of six major currencies, closed the week 2.42% higher to reflect the broad-based USD strength.

Forex Today: Dollar the strongest as risk aversion rules.

 

Forex Today: Dollar the strongest as risk aversion rules

Here is what you need to know on Monday, April 6th: Risk aversion leads the way. The coronavirus pandemic continues to take its toll on economic devel
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Treasury plans to take emergency stakes in corporate casualties – The Telegraph

The Telepgraph reports that the Treasury is preparing contingency plans to take emergency stakes in companies threatened with collapse by the coronavi
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