The dollar edged higher on Friday but remained on track for its biggest weekly decline in four years, as trillions of dollars worth of stimulus efforts by governments and central banks during the coronavirus epidemic helped temper a rout in global markets. The dollar surged in March amid a drive for dollars by investors trying to get their hands on the world’s most liquid currency. But big government spending pledges, including a $2.2 trillion U.S. package, and co-ordinated efforts by central banks around the world to increase the supply of dollars have supported a rally in other major currencies. An unprecedented jump in U.S. jobless claims on Thursday underscored the coronavirus’s impact on the economy, further weakening the dollar. The dollar gained 0.49% against a basket of currencies Friday. It is on course for around a 2.57% fall for the week – its biggest weekly […]