Dollar Dips in Early Trading; Kiwi Declines on QE: Markets Wrap

(Bloomberg) — The dollar slipped in early trading in Asia on Monday as investors took stock of the latest developments on the coronavirus’s spread and more stringent measures from countries to control it.The New Zealand dollar fell after its central bank joined other countries in saying it will start buying bonds to stimulate the economy.The yen and Swiss franc edged up against the greenback. The open of U.S. equity futures trading will again be closely watched after the S&P 500 lost more than 4% on Friday, when Asian futures signaled more declines to come.As investors attempt to assess the severity …read more

Source:: Yahoo Finance

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