Dollar continues to weaken after economic data

2020-10-23 20:00:04 GMT (Economies.com)
Dollar continues to weaken after economic data

The US dollar fell against its rivals on Friday, keeping its losses after the release of US economic data.


The US manufacturing PMI rose slightly to 53.5 points in October, on par with market forecasts, from 53.2 points in September.


Doubts remain about the potential agreement on the second US package, especially before the near presidential election.


The US House of Representatives Speaker Nancy Pelosi said yesterday that progress was made during negotiations with the White House and they're "just about there" on reaching the second Covid-19 stimulus deal, but warned that it’ll take a while to write the bill.

 

The dollar index fell against a basket of currencies by 0.2% to 92.7 points as of 20:05 GMT, after hitting a high of 93.1 and a low of 92.6.

 
 
 
  Symbol Last Change Chg.%
1.1910
0.0016
0.1307%
1.3379
-0.0004
0.0310%
Tadawul
8688.76
21.04
0.24%
23.367
-0.678
2.822%
45.515
2.690
6.281%
48.34
0.48
1.00%
1810.445
-56.065
3.004%
 
 
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