Home / Market Update / Forex Market / Dollar Rises After Three Consecutive Declines

Dollar Rises After Three Consecutive Declines

The U.S. Dollar (USD) is showing a relatively stable performance on Friday. After declining throughout the past three sessions, the greenback is making small gains on the last session of the week.

This comes amid a softening in the risk appetite, which swayed investors away from the USD towards riskier currencies and assets over the past three days.

The Dollar Index (DXY), which measures the USD’s performance against a basket of six major currencies, is up by 0.07% at 90.20.

The index has been moving today in a range between 90.05 and 90.31, fluctuating but mostly remaining in the positive territory, after closing Thursday down at 90.13.

Check Also

Could USDT Removal Impact EU Amid Crypto Boom Promised By Trump?

The European Union’s Markets in Crypto-Assets (MiCA) regulation, designed to enhance transparency and combat financial …