The dollar rose for a second straight day as investors, worried about the prospect of a global recession, continued to take shelter in the greenback.
Category: Features
Data showed factory activity across the world contracting sharply due to the coronavirus pandemic led a wider selloff in global stock markets.
World stocks were set to close their worst quarter since 2008, down more than 20%, while much of the world locked down to fight the coronavirus.
Virus fears about the economic damage returned to the forefront as the USA overtakes China as the country with the most infections.
Nerves over US jobs data outweighed a $2 trillion US stimulus package amid the coronavirus pandemic which was welcomed by investors.