Dollar And Euro Took Upward Direction At Weekend

On Friday, to a basket of benchmark currencies, the dollar index rose 0.1 percent, while the euro also gained 0.14 percent against the greenback to $1.2138. After Elon Musk’s ‘bio’ update on Twitter to the portrait of the queen of cryptocurrencies, Bitcoin leaped 12 percent on Friday, touching $36,000. The economic condition across the country, […]

Dollar Appreciated Amid Uncertainty Regarding The Stimulus Plan

The EUR/USD rate rose by 0.02 percent on Monday, January 25, and the trading session ended at the 1.2169 marks. In turn, the dollar index DXY gained 0.17 percent to 90.39. There is a declining appetite for riskier currencies in the currency markets despite disputes between US lawmakers over the implementation of a proposed $1.9 […]

Dollar Gaining On Strength Against The Weakening Euro

The EUR/USD exchange rate dropped by 0.09 percent on Friday, January 15, and was at 1.2151, with the DXY dollar index contributing 0.60 percent to 90.78. The single European currency displayed almost zero improvements in the pair with the dollar a day ago, whilst the DXY measure fell by 0.13%. On Friday, currency markets saw […]

Dollar Remained Highly Sought-After Currency On Monday

The European currency started to decline against the US dollar on Monday, January 11, losing 0.53 percent and closing at 1.2154 after slipping by 0.61 percent in the previous session. Dollar index DXY also kept rising on Monday, rising 0.45% to 90.52. There is a decline in risk aversion and a rise in volatility in […]