Dollar Index Back to 96.30

After a short-term recovery to daily highs in 96.55 / 60 range, dollar fell to 96.30 area on US Dollar Index

The demand for the safe-haven remained light for the second consecutive session, after the good sentiment in the market and investors turning to risky assets.

Investors focus now on news of the Covid-19 virus and the impact of the second wave and its potential impact on the reopening of the global economy, but this remains insufficient to shift sentiments towards safe havens as investors remain optimistic about the economic recovery in the coming months.

On the other hand, initial jobless claims in the US rose to more than 1.3 million better than expected.