USD Maintains Downward Trend

The U.S. Dollar (USD) continued to decline on Monday, starting the week in a downward trend as the risk appetite among investors continue to improve.

The Dollar Index (DXY) that measures the greenback against six currencies is down by 0.43% at 91.16.

Earlier today, the index fell as low as 91.03, nearing its lowest level in about six weeks.

Meanwhile, its highest level was at 91.75, noting that it ended last week at 91.56, falling for the week by about 0.67% and finishing the week at its lowest closing level since March 11.