Open Demo Account
Home / Market Update / Forex Market / USD Declines to Lowest Level in Seven Months

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.

Tags

Check Also

European Markets Hit New Highs Amid China-Driven Rally

European stock markets reached a fresh record high in mid-morning trading on Friday, fueled by …

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