Home / Market Update / Forex Market / Dollar Rises Across the Board

Dollar Rises Across the Board

The U.S. Dollar (USD) is showing a positive performance on Friday, but remains on track to score weekly losses.

This week’s jobs data in the United States showed that the economic recovery from the Coronavirus pandemic is slower than previously expected.

The Dollar Index (DXY), which measures the Dollar’s performance against a basket of six major international currencies, is up by 0.10% at 90.52.

The index has been moving today in a range between 90.41 and 90.74, moving almost entirely in the positive territory, after closing Thursday at 90.42.

Check Also

Sterling Rebounds Following Softer US PCE Data

The Pound Sterling bounces back strongly above 1.3400 against the US Dollar after soft US …