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Breaking: Fed announces new 'aggressive action to confront dirsuptions' DXY drops below 120.50

The Federal Reserve has announced that it rolled an extensive range of new programs for companies, households and small businesses in a so-called 'aggressive action to confront severe disruptions.'

With the initial reaction, the US Dollar Index started to erase its daily gains and was last seen at 102.40, where it was still up 0.45% on the day.

Developing story...

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The GBP/USD pair dropped to fresh session lows, around the 1.1500 psychological mark in the last hour, albeit quickly recovered over 100 pips thereaft
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