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After three straight days of dip, the U.S. dollar stabilized on January 22, while other riskier currencies lost out. The American currency had dropped versus a basket of other currencies
Before a meeting of the European Central Bank on Thursday, the euro rose. The dollar decreasing against major peers as plans for a massive U.S. stimulus package fuelled market optimism.
The euro fought to join a broader risk rally against the dollar on Wednesday. Analysts stated the risk of extended lockdowns in Europe to combat the spread of coronavirus. The continent’s
The U.S. dollar held gains on January 18. The Japanese yen boosted as softening U.S. economic data, and increasing global COVID-19 cases kept investors cautious. Meanwhile, lockdowns and Italian political turmoil held
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