USD Declines on Increased Risk Sentiment

The U.S. Dollar (USD) declined on Monday, opening the week with a negative performance amid an improvement in risk appetite that drove investors towards other currencies.

The Dollar Index (DXY), which measures the greenback’s performance against a basket of six major international currencies, is down by 0.14% at 90.36.

Earlier today the index fell to 90.27, its lowest level in about two weeks, while its highest came at 90.47, noting that it closed last week at 90.48.