Updated .. the dollar deepens its decline globally with the gains of the euro and sterling

0
32


direct: The US dollar deepened its losses against a basket of major currencies during Tuesday’s trading, with strong gains for the euro and sterling.

The performance of the green paper came with a conclusion European Union leaders To an agreement on a 750 billion euro (758 billion dollar) recovery fund to help the bloc countries deal with the Corona crisis.

And trading The euro against the US currency At the highest level since January 2019.

The dollar’s ​​performance coincides with investor’s focus on epidemic developments that have affected nearly 14.6 million people globally so far, amid positive news about the development of a possible vaccine against “Covid-19.”

By 7:25 GMT, the US currency fell against its European counterpart by 0.7 percent, bringing the euro to 1.1529 dollars, and fell by 0.5 percent against the Japanese currency at 106.75 yen.

While the dollar fell against the British currency by more than 0.6 percent to take the British pound to the level of 1.2748 dollars.

As for the currency pair (dollar-Swiss franc), it also fell by about 0.6 percent at the level of 0.9329 francs.

Meanwhile, the main dollar index, which tracks the performance of the American paper, compared to 6 other major currencies, fell by 0.7 percent to 95.162, after recording 95.047 near the lowest level in 4 months.



LEAVE A REPLY

Please enter your comment!
Please enter your name here