DXY Returns to Negative Territory

The US Dollar (USD) returned to the downward trend on Thursday, after showing signs of recovery today supported by the decline in the number of jobless claims in the United States last week.

The Dollar index (DXY), which measures the USD performance against a basket of six major international currencies, is down by 0.05% for the day at 92.82, after nearing 93.10 earlier.

This marginal decline comes as the USD maintains gains against the Canadian Dollar (CAD) and the Swiss France (CHF), while falling against the GBP, NZD, and AUD by 0.21%, 0.34%, and 0.52%, respectively.

Meanwhile, the USD is settling nearly unchanged versus the Japanese Yen (JPY) and the Euro (EUR).