{"id":32640,"date":"2020-08-13T01:34:03","date_gmt":"2020-08-12T21:34:03","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=32640"},"modified":"2020-08-13T01:34:14","modified_gmt":"2020-08-12T21:34:14","slug":"dxy-closes-another-day-in-losses","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/dxy-closes-another-day-in-losses\/08\/13\/market-updates\/","title":{"rendered":"DXY Closes Another Day in Losses"},"content":{"rendered":"\n<p>The Dollar Index (DXY), which measures the performance of the U.S. Dollar (USD) against a basket of six major currencies, continued its downward trend on Wednesday.<\/p>\n\n\n\n<p>DXY settled lower by 0.21% at 93.43, after moving throughout the day between 93.27 and 9.91 and closing Tuesday at 93.63.<\/p>\n\n\n\n<p>The absence of positive economic data, other than the decline in the public budget deficit, meant that the USD continues to lack a support factor to make up for its recent losses.<\/p>\n\n\n\n<p>Meanwhile, a highly-awaited second stimulus package does not seem to be coming anytime soon due to differences between Republicans and Democrats in Congress.<\/p>\n\n\n\n<p>The USD is down by 0.34% and 0.15% against the Euro (EUR) and the British Pound (GBP), respectively, while its biggest loss is against the rising Swiss Franc (CHF) by 0.55% and the biggest gains are against the declining Japanese Yen (JPY) by 0.33%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dollar Index (DXY), which measures the performance of the U.S. Dollar (USD) against a basket of six major currencies, continued its downward trend on Wednesday. DXY settled lower by 0.21% at 93.43, after moving throughout the day between 93.27 and 9.91 and closing Tuesday at 93.63. The absence of positive economic data, other than &hellip;<\/p>\n","protected":false},"author":10,"featured_media":32121,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6934,6871],"class_list":["post-32640","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-dxy","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=32640"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32640\/revisions"}],"predecessor-version":[{"id":32641,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/32640\/revisions\/32641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32121"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=32640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=32640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=32640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}