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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.

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