Open Demo Account
Home / Market Update / Forex Market / USD at Lowest Level in Two Months

USD at Lowest Level in Two Months

M. Ali 6 November, 2020 10:22 pm Forex Market, Market Update

The US Dollar (USD) continued to decline across the board on Friday, as the results of the US presidential elections are yet to be officially announced.

The Dollar index (DXY), which measures the performance of the USD against a basket of six major international currencies, is down by 0.32% at 92.23, near its lowest level in two months.

The index has been moving today in a range between 92.18 and 92.82, after closing yesterday at 92.53, mostly in the negative territory during the American session.

Tags

Check Also

Oil Surges Above $115 as Middle East Conflict Escalates, Supply Disruptions Deepen, and Hormuz Strait Risks Intensify

Oil prices rallied sharply on Monday, extending recent gains as escalating geopolitical tensions in the …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends