Open Demo Account
Home / Market Update / Forex Market / USD Rises amid Vaccine Hopes

USD Rises amid Vaccine Hopes

M. Ali 9 November, 2020 7:25 pm Forex Market, Market Update

The US Dollar (USD) rose on Monday, after it was announced that a new vaccine against the Coronavirus disease (COVID-19) has achieved a success rate of more then 90%.

The Dollar index (DXY), which measures the USD performance against a basket of six international currencies, is up by 0.39% at 92.59.

The index has been moving today in a range between 92.13 and 92.60.

Tags

Check Also

Market Drivers – US Session – On the Eve of NFP Revision: What’s Next for the US Dollar?

The US dollar continues its recent downward trend, a movement influenced by ongoing analysis of …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends