Open Demo Account
Home / Market Update / Forex Market / USD Declines amid Increased Risk Appetite

USD Declines amid Increased Risk Appetite

M. Ali 24 November, 2020 10:42 pm Forex Market, Market Update

The US Dollar (USD) is declining across the board on Tuesday, on the back of higher risk appetite that comes supported by recent positive news about Coronavirus vaccines.

The Dollar index (DXY), which measures the USD performance in front of a basket of six major international currencies, is down by 0.23%.

The DXY is currently at 92.27.

The index has been moving today in a range between 92.14 and 92.56, mostly in the negative territory, after closing the first session of the week at 92.51.

Tags

Check Also

Gold Treads Water as Iran Talks Collapse Meets Hot CPI Shock: Trump-Xi Summit the Next Make-or-Break Moment

Key Takeaways Mixed gold action: Spot gold edged down 0.2% to $4,705.50 per ounce, while …

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