Open Demo Account
Home / Market Update / Forex Market / USD Nears Another Weekly Loss

USD Nears Another Weekly Loss

M. Ali 27 November, 2020 6:36 pm Forex Market, Market Update

The US Dollar (USD) is set to record weekly losses after continuing to decline on Friday, amid improved risk appetite among investors.

The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is down by 0.10% at 91.90.

The index has been moving today, Black Friday, in a range between 91.86 and 92.05, mostly in the negative territory, after closing the previous session at 91.99.

The index is down by more than 2.2% since the beginning of November.

Tags

Check Also

Is China Withdrawing From US Treasuries?

While Chinese investors are increasingly diversifying away from US Treasuries toward European and other assets, …

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