Dollar gives up gains against commodity currencies as oil recovers
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TOKYO (Reuters) - The dollar erased gains and fell against the currencies of oil producers on Thursday, as a rebound in crude prices after an unprecedented collapse helped to calm markets unnerved by the massive coronavirus-led drop in global demand.The euro held steady against the greenback and the pound ahead of a meeting of European Union officials on the bloc's response to the economic turmoil caused by the global coronavirus pandemic.It may take EU countries until the summer or even longer..