Open Demo Account
Home / Market Update / Forex Market / USD Maintains Downward Trend

USD Maintains Downward Trend

M. Ali 25 August, 2020 11:50 pm Forex Market, Market Update

The Dollar index (DXY) continues to maintain its decline for another day as it is closed to finish Tuesday’s session down by 0.31% a little above the 93 mark.

The DXY measures the performance of the US Dollar (USD) against a basket of six major currencies.

The USD is down by 0.37% against the Euro (EUR) and 0.63% against the British Pound (GBP).

Meanwhile, the USD is up by 0.40% against the Japanese Yen (JPY) but down by 0.41% against the Swiss Franc (CHF).

In front of the AUD, the USD is down by 0.45%, and by 0.27% against both the NZD and CAD.

Tags

Check Also

Oil Prices Rebound After OPEC+ Sticks to Expected Output Hike

Oil prices surged over $1 per barrel in Asian trade on Monday, as OPEC+’s decision …

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