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USD Nears Another Weekly Loss

M. Ali 27 November, 2020 6:36 pm Forex Market, Market Update

The US Dollar (USD) is set to record weekly losses after continuing to decline on Friday, amid improved risk appetite among investors.

The Dollar Index (DXY), which measures the USD performance against a basket of six major international currencies, is down by 0.10% at 91.90.

The index has been moving today, Black Friday, in a range between 91.86 and 92.05, mostly in the negative territory, after closing the previous session at 91.99.

The index is down by more than 2.2% since the beginning of November.

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