USD Falls to Lowest Level in a Week

The U.S. Dollar (USD) declined on Tuesday to its lowest level in a week, as Treasury yields in the United States fell amid anticipation for the passing of a new economic relief bill.

The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is down by 0.34% at 90.63.

Earlier today, the index fell as low as 90.50, while its highest level was at 90.93, the level in which it closed on Monday.

The rise in job openings during December did not provide the needed support for the USD.