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USD Rises Ahead of US Elections

M. Ali 2 November, 2020 8:41 pm Forex Market, Market Update

The US Dollar (USD) is rising across the board, supported by positive economic data ahead of tomorrow’s elections.

The Dollar index (DXY), which measures the performance of the USD against a basket of six major international currencies, is up by 0.12% at 94.15.

The index has been moving today in a range between 93.89 and 94.29, mostly in the positive territory, after closing last week at 94.04.

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