DESPITE risk-off trades seen earlier in the week ahead of “Super Thursday”, the US dollar index managed to rebound this week, rising by 0.21% amid the weaker euro and the much-awaited release of former FBI director James Comey’s testimony about alleged Russian involvement in the US elections.
The dollar also gained after UK Conservative party failed to win a majority in the general election. On the macro front, initial jobless claims for the week ended June 3 fell to 245K from 255K previously.
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