Open Demo Account
Home / Market Update / Forex Market / USD Keeps Upward Trend on COVID-19 Fears

USD Keeps Upward Trend on COVID-19 Fears

M. Ali 29 October, 2020 8:32 pm Forex Market, Market Update

The US Dollar (USD) is maintaining its rising trend amid increased demand on concerns about the rising number of COVID-19 cases.

The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is up by 0.65% for the day at 94.02.

The index has been moving today between 93.34 and 94.10, mostly in the positive territory, after closing Wednesday at 93.41.

Tags

Check Also

Wall Street Futures Rise, Driven by Tech Rebound and Upbeat Corporate Outlook

U.S. stock index futures climbed on Wednesday, continuing a recovery in the tech sector, led …

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