Dollar decline resumes as investors look to economic data, earnings – ZAWYA

  • Date: 13-Jul-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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Dollar decline resumes as investors look to economic data, earnings – ZAWYA

Dollar decline resumes as investors look to economic data, earnings | ZAWYA MENA Edition HomeMarketsCurrenciesArticleDollar decline resumes as investors look to economic data, earnings The index that measures it against a basket of major currencies had slipped 0.2% by early deals in London to 96.416    A cashier handles money in Macy's Herald Square during early opening for the Black Friday sales in Manhattan, New York, U.S., November 23, 2017. LONDON  - The U.S. dollar edged lower on Monday as investors looked to incoming global economic data and U.S. corporate earnings to gauge whether the markets' guarded optimism on the economic outlook is justified.The greenback had ended its third week of losses on Friday as investors bought into risk-sensitive currencies on bets that the worst of the pandemic's sweeping impact was over.The index that measures it against a basket of major currencies had slipped 0.2% by early deals in London to 96.416.The greenback had ended its third week of losses on Friday as investors bought into risk-sensitive currencies on bets that the worst of the pandemic's sweeping impact was over.LONDON  - The U.S. dollar edged lower on Monday as investors looked to incoming global economic data and U.S. corporate earnings