Home / Market Update / Forex Market / DXY Showing Fluctuations and Moves to Decline

DXY Showing Fluctuations and Moves to Decline

The US Dollar (USD) is showing a mixed performance on Friday across the board, with rising concerns about the increasing number of COVID-19 cases in the United States.

The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is down by 0.15% at 92.83.

The index rose earlier during the European session, touching 93.01, while its lowest came earlier at 92.77, noting that it closed Thursday at 92.96.

Check Also

Yen Soars as Powell’s Remarks Spur Rate Cut Bets

The Japanese yen advanced sharply against the US dollar on Friday, as Federal Reserve Chair …