Euro lost ground against most currencies on Wednesday amid negative developments in the coronavirus pandemic. 

The World Health Organization reported a spike in coronavirus cases in the US, Europe, and Asia due to the spread of the Delta strain.

US data showed average Covid 19 investors rose to 30,000 in the last 7 days, higher than the June average of 8000. 

Multiple countries in the world face a punishing new wave of the virus but most governments decided to open up the economy and just caution their citizens about social rules. 

EUR/USD fell 0.1% to 1.1777 as of 10:33 GMT, marking a high at 1.1787, and a low at 1.1753. 

The US dollar edged higher against most of its rivals, amid improved risk appetite, while investors avoided safe havens.

The World Health Organization stated that coronavirus infections have increased in the US, Europe and Asia due to the new Delta strain, which has renewed fears of the pandemic spreading out of control.

Bear in mind that the mutated Delta strain was detected in Europe, the UK and several other countries around the world, after it first emerged in India.

The 10-year US Treasury bond yields held at 1.195%, while the 30-year Treasury yields rose to 1.857%.

The dollar index rose against a basket of major currencies by 0.1% to 92.9 points as of 20:13 GMT, after hitting a high of 93.04 points and a low of 92.6 points.

US stock indices rose on Tuesday, and recouped some of yesterday's losses that came due to renewed Covid worries.

World Health Organization data stated that coronavirus infections have increased in the USs, Europe and Asia due to the new Delta strain, which has renewed fears of the pandemic spreading out of control.

Bear in mind that the mutated Delta strain was detected in Europe, the UK and several other countries around the world, after it first emerged in India.

Data showed that the US Housing Starts index rose by 6.3% during the past month to 1.64 million units.

To the oil market, WTI crude August futures rose rose 1.5% or $1, and closed at $67.42 a barrel, after hitting a high of $67.6 and a low of $65.2.

Brent September futures rose 1% or 73 cents, and closed at $69.35 a barrel, after hitting a high of $69.6 and a low of $67.4.

As for stocks, Dow Jones rose 1.6% or 550 points, and closed at 34,511, with a day high of 34,621, and a low of 33,981.

S&P 500 rose 1.5% or 64 points to 4,323, after hitting a high of 4,336 and a low of 4,262 points.

Nasdaq rose 1.6% or 223 points to 14,498, with a high of 14,555 and a low of 14,271.

Gold prices rose on Tuesday, while the US dollar rose against most of its major counterparts, amid growing concerns about the coronavirus.

World Health Organization data stated that coronavirus infections have increased in the USs, Europe and Asia due to the new Delta strain, which has renewed fears of the pandemic spreading out of control.

Bear in mind that the mutated Delta strain was detected in Europe, the UK and several other countries around the world, after it first emerged in India.

The dollar index rose against a basket of major currencies by 0.3% to 93.1 points as of 13:21 GMT, after hitting a high of 93.1 points and a low of 92.8 points.

Gold spot prices rose 0.7% to $1,822 an ounce as of 13:22 GMT, after hitting a day high of $1,825.6 and a low of $1,811.3.