The dollar held onto gains against most currencies on Thursday as signs of an economic slowdown in Europe and in the United States revived concerns about the fallout from a second wave of coronavirus infections. The euro, already hit by worries about a return to severe lockdown restrictions, faces an additional hurdle later on Thursday with the release of data on German business sentiment. The dollar is likely to continue to rise as another spike in coronavirus cases in Europe boosts its safe-haven appeal, while Federal Reserve policymakers called on the U.S. government to provide more fiscal support.
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