After a brief respite on Tuesday, when investors’ glass half-full view supported risk sentiment, we seem to be back to risk aversion on Wednesday with the Dollar gaining ground against other major currencies. Yesterday markets were buoyed by a reduction in the number of new coronavirus cases, triggering some gains for the Euro and the Pound against the greenback. However, today apprehension is back, following an increase in deaths in both Europe and the US, leading to fresh gains for the Dollar as the American currency reverts to its safe haven role once again.
