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The dollar is posting a weekly loss as the recovery fades


London-SANA The dollar stabilized in a cautious Asian session yesterday, heading nonetheless to record its worst weekly performance.

London - Sana

The dollar settled in a cautious Asian session yesterday, nonetheless heading for its worst weekly performance since the beginning of the year.

Reuters reported that the dollar index settled today at 90.110, down by 0.7 percent, while it fell against the Japanese currency by 0. 3 percent this week, and fell by 0.8 percent against the euro, the biggest weekly decline in percentage since mid-December.

While the dollar settled in the latest trading at $ 1.172 for the euro and 103.54 for the Japanese yen, it advanced slightly against the Australian and New Zealand dollars, but not enough to miss the weekly gains achieved by the two currencies, amounting to 0.6 percent for the Australian dollar and 0.9 percent for the New Zealand dollar.

The Canadian dollar fell 0.2 percent to 1.2671 per US dollar with the decline in oil prices today.

The pound sterling fell 0.2 percent from its two-and-a-half-year peak yesterday, to settle at $ 1,377.

Source: sena

All business articles on 2021-01-22

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