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Tag Archives: DXY

DXY to Settle Lower by 0.8%

The Dollar Index (DXY), which measures the performance of the US Dollar (USD) against a basket of major international peers, declined on Monday, due to the rising number of COVID-19 cases in the United States. Meanwhile, the market is anticipating the Congress passing a new economic stimulus package, as well …

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USD Weakens Against Major Currencies

The US Dollar (USD) is showing a weak performance during the first session of the week, despite the lack of major economic data. The United States continues to hold the highest number of coronavirus disease (COVID-19) cases worldwide, with multiple record-high daily surges in recent weeks. The Dollar Index (DXY), …

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