Dollar falls to one-week lows on data hopes – ZAWYA

Dollar falls to one-week lows on data hopes – ZAWYA

Dollar falls to one-week lows on data hopes | ZAWYA MENA Edition HomeMarketsCurrenciesArticleDollar falls to one-week lows on data hopes The greenback is still up 2.5% from the 2020 low of 94.6 it hit in early March    A U.S. dollar note is seen in front of a stock graph in this November 7, 2016 picture illustration. Image used for illustrative purposeLONDON  - The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European economic data sharpened risk appetite, with hopes for a COVID-19 vaccine breakthrough also helping sentiment.Against a basket of currencies, the greenback is on track for its biggest weekly drop in a month, of 0.4%. However, it could swing in either direction depending on U.S. jobs data due at 1230 GMT.Non-farm payrolls figures are expected to show an increase of 3 million jobs last month.  Against a basket of currencies, the greenback is on track for its biggest weekly drop in a month, of 0.4%. However, it could swing in either direction depending on U.S. jobs data due at 1230 GMT.LONDON  - The U.S. dollar slipped to a one-week low against its rivals on Thursday as upbeat U.S. and European