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USD Declines to Lowest Level in Seven Months

M. Ali 5 November, 2020 8:08 pm Forex Market, Market Update

The US Dollar (USD) declined on Thursday to its lowest level in about seven months, as uncertainties continue about the outcomes of the US presidential elections.

The Dollar Index (DXY) is down for the day by 0.79% at 92.67.

The index, which measures the USD performance against a basket of six major international currencies, has been moving throughout the session so far between 92.49 and 93.55, after closing Wednesday at 93.41.

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