The dollar jumps .. Canadian currency falls with Corona

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Source: New York – Reuters

The US dollar jumped on Wednesday, hitting its highest level in several years against a few major currencies, while the outbreak of the Corona virus caused companies and investors to seek safety in the green currency.

The dollar index, which tracks the performance of the greenback versus a basket of 6 major currencies, jumped 2.051% to 101.440, its highest level since April 2017.

The dollar index is heading to its biggest jump in one day since the twenty-fourth of June 2016.

The Canadian dollar fell 3.1% against the greenback to a 4-year low of 1.4650 to the US dollar.

The British pound fell more than 4% against the US currency to record lows at $ 1.1452.







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