The dollar rebounded after earlier softening, concomitantly with an uncertain tone establishing across European stock markets and with U.S. index futures having reversed earlier gains. The pan-Europe STOXX 600 index was near net unchanged as of the early afternoon session. While President Trump’s return to the White House was greeted positively, uncertainties prevail: about the next fiscal pandemic relief package in the U.S., about next month’s U.S. election, about the Brexit endgame, and, increasingly, about new Covid-suppressing restrictions and lockdowns in North America and Europe.

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