{"id":48894,"date":"2021-07-30T00:17:02","date_gmt":"2021-07-29T20:17:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48894"},"modified":"2021-07-30T00:17:05","modified_gmt":"2021-07-29T20:17:05","slug":"usd-extends-losses-and-nears-six-week-low","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/usd-extends-losses-and-nears-six-week-low\/07\/30\/market-updates\/","title":{"rendered":"USD Extends Losses and Nears Six-Week Low"},"content":{"rendered":"\n<p>A day after the U.S. Federal Reserve decided to maintain its current policy unchanged in support of economic recovery, the U.S. Dollar (USD) continues to hit multiple-week fresh lows against major currencies on Thursday.<\/p>\n\n\n\n<p>The Dollar Index (DXY) that measures the greenback against a basket of six major international currencies is down for the day by 0.48%, maintaining a completely downward trend and moving entirely in the negative territory.<\/p>\n\n\n\n<p>The index lost the support level of 92.00, and is currently at 91.88, after closing Wednesday at 92.32 and opening today at 92.26.<\/p>\n\n\n\n<p>The greenback is on track to log huge weekly losses after four consecutive weekly declines and possibly extending losses on Friday as it moves below a six-week low.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A day after the U.S. Federal Reserve decided to maintain its current policy unchanged in support of economic recovery, the U.S. Dollar (USD) continues to hit multiple-week fresh lows against major currencies on Thursday. The Dollar Index (DXY) that measures the greenback against a basket of six major international currencies is down for the day &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31011,"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-48894","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\/48894","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=48894"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48894\/revisions"}],"predecessor-version":[{"id":48895,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48894\/revisions\/48895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31011"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}