Forex News

Dollar Dips Down And Traders Curbing the Vaccine of COVID-19

Dollar Dips Down And Traders Curbing the Vaccine of COVID-19


The Dollar was dipped down this Wednesday Morning due to the new surge of the US COVID-19 cases and it will raise the question that how the COVID-19 vaccine will be delivered that optimizes the earlier week to the vaccine to become available more quickly.

The Dollar Index tracks the greenback against the basket of the other currencies pair that inched to the 0.06% to 92.648.

A proceeding with the second flood of COVID-19 cases in the U.S. saw a few states force limitations with the coming of winter in the Northern Hemisphere bringing colder climate and stresses over taking off hospitalizations. Of the more than 51 million worldwide cases recorded as of Nov. 11, over 10.2 million cases are U.S. cases, as per information from Johns Hopkins University.

The USD/JPY pair will be edged down at the level by 0.18% to 105.09. The AUD/USD pair inched up at the level by 0.06% to 0.7288. On the other, the NZD/USD pair was up to 0.51% to 0.6863. The Reserve bank of New Zealand has left the interest that unchanged at 0.25%. The USD/CNY pair was going down at the level of 0.24% to 6.5990.

The GBP/USD pair inched down at the level by 0.05% to 1.3264.