Open Demo Account
Home / Market Update / Forex Market / USD Declines on Election Day

USD Declines on Election Day

M. Ali 3 November, 2020 7:32 pm Forex Market, Market Update

The US Dollar (USD) is declining across the board on elections day, with markets awaiting the results of the presidential and congressional elections.

The Dollar index (DXY), which measures the USD performance against a basket of six major international currencies, is down for the day by 0.76% at a daily low of 93.42.

The index has been moving today between 93.42 and 94.05, after closing yesterday at 94.13.

Tags

Check Also

Crude Oil Surges as Trump Issues Ultimatum to Russia

Crude oil prices soared on Tuesday, driven by heightened geopolitical tensions as the U.S. issued …

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