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USD Declines amid Increased Risk Appetite

M. Ali 24 November, 2020 10:42 pm Forex Market, Market Update

The US Dollar (USD) is declining across the board on Tuesday, on the back of higher risk appetite that comes supported by recent positive news about Coronavirus vaccines.

The Dollar index (DXY), which measures the USD performance in front of a basket of six major international currencies, is down by 0.23%.

The DXY is currently at 92.27.

The index has been moving today in a range between 92.14 and 92.56, mostly in the negative territory, after closing the first session of the week at 92.51.

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