Philippines
2020-04-16 15:53
Market analysisForex - Dollar Climbs Amid Grim Economic Outlook
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Market analysis:
The U.S. dollar has been in demand in European trade Thursday, as illustrations of the severity of the collapse in global economic activity prompted a flight to safety bid.
At 3:05 AM ET (0705 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 99.820, up 0.3%, while EUR/USD fell 0.2% to 1.0888 and GBP/USD fell 0.1% to 1.2501. USD/JPY climbed 0.3% to 107.75.
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Forex - Dollar Climbs Amid Grim Economic Outlook
Philippines | 2020-04-16 15:53
The U.S. dollar has been in demand in European trade Thursday, as illustrations of the severity of the collapse in global economic activity prompted a flight to safety bid.
At 3:05 AM ET (0705 GMT), the U.S. Dollar Index, which tracks the greenback against a basket of six other currencies, stood at 99.820, up 0.3%, while EUR/USD fell 0.2% to 1.0888 and GBP/USD fell 0.1% to 1.2501. USD/JPY climbed 0.3% to 107.75.
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