The U.S. Dollar (USD) rose on Tuesday for the second consecutive session and registered its biggest gains against major currencies since mid-June to settle at its highest closing level since November 4, 2020.<\/p>\n\n\n\n
The Dollar Index (DXY) measures the greenback\u2019s performance against a basket of six major international currencies increased by 0.54% to the level of 93.13.<\/p>\n\n\n\n
The index has been moving in a range between 92.611 and 93.165, almost entirely in the positive territory in an upward trend, but moved in a smaller range for most of the American session, after finishing on Monday at 92.628.<\/p>\n\n\n\n
The greenback showed a strong performance against the Japanese Yen (JPY), rising by 0.29% as the USD\/JPY reached 109.59, moving closer to restoring the 110.00 key level, and against the Euro (EUR) by 0.59%, as the EUR\/USD reached 1.1708, with the USD recording its biggest gains against the Japanese and European currencies in about two weeks.<\/p>\n\n\n\n
Even bigger gains were seen against the Sterling Pound (GBP) at 0.74%, the highest since June 18, with the GBP\/USD pair at 1.3740, the best level for the USD since July 21.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The U.S. Dollar (USD) rose on Tuesday for the second consecutive session and registered its biggest gains against major currencies since mid-June to settle at its highest closing level since November 4, 2020. The Dollar Index (DXY) measures the greenback\u2019s performance against a basket of six major international currencies increased by 0.54% to the level …<\/p>\n","protected":false},"author":10,"featured_media":31983,"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-49530","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\/49530","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=49530"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49530\/revisions"}],"predecessor-version":[{"id":49531,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49530\/revisions\/49531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31983"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=49530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}