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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.

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