US dollar weakens

Business | 23 Nov 2020 9:57 pm

The US dollar has dipped by around 0.3 percent today, showing that investors are feeling more confident following the trial results of AstraZeneca’s Oxford vaccine.

The dollar is a classic safe-haven when markets are edgy, and tends to fall when traders start buying riskier assets instead, The Guardian reports.

The US dollar index is threatening to drop through its September lows, and hit the lowest point since May 2018.

 



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