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Dollar approaches 20-year highs, Fed meeting in focus 

The dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S. central bank to adopt an even more hawkish tone than expected.

Trump hospitalised by COVID-19!

US President Donald Trump has contracted the COVID-19 coronavirus- adding to the uncertainty of the upcoming US election. The dollar gained as haven while stocks dropped on Friday but finished the week higher.

Bitcoin pops after drop under $30k

Numerous Fed speakers, including Fed Chair Powell walked back some of the hawkishness of last week’s FOMC meeting and pushed the US dollar lower. Brent crude oil hit $75 for the first time in 2 years.

Dollar dumps after NFP miss

The US dollar dropped sharply after non-farm payroll missed expectations for a second month, while gold jumped. Canada’s TSX index rose above 20,000 for the first time. El Salvador might adopt Bitcoin as legal tender.

USD drops after dovish Fed

The US dollar retreated, gold gained and stocks were steady after the Fed kept its dovish message, offering no sign that it will taper its QE program in its latest meeting. Apple and Facebook beat Q1 earnings estimates afterhours.

Fed meeting today

GameStop led the way higher again for the most shorted stocks as the Reddit-led short squeeze continued into afterhours trading on Tuesday following a tweet from Elon Musk. Microsoft beat earnings while the dollar dropped before the Fed meeting today.