The US dollar fell against most of its peers on Monday, as investors avoided safe havens and turned to risky assets, in addition to the release of weak economic data.

Apple, Microsoft, Amazon, Tesla and Facebook have reported better-than-expected earnings in the first quarter of 2021.

The US Federal Reserve decided last week to keep the interest rate between 0.0% and 0.25% unchanged.

Although several countries managed to contain the Covid-19 pandemic, India is still an exception to this, as it is now facing a sharp spike in the infection rate and deaths, while the health system is being overwhelmed.

The ISM US manufacturing PMI fell to 60.7 points in April from 64.7 points in March, while analysts forecast a rise to 65.

The dollar index fell against a basket of currencies by 0.3% to 90.9 points as of 18:52 GMT, after it hit a high of 91.3 points and a low of 90.8 points.

Gold prices rose on Monday, and closed near the $1800 barrier once again, as the US dollar fell against most of its peers.

Although several countries managed to contain the Covid-19 pandemic, India is still an exception to this, as it is now facing a sharp spike in the infection rate and deaths, while the health system is being overwhelmed.

The US Federal Reserve decided last week to keep the interest rate between 0.0% and 0.25% unchanged.

The dollar index fell against a basket of currencies by 0.3% to 90.9 points as of 20:32 GMT, after it hit a high of 91.3 points and a low of 90.8 points.

Gold June futures rose 1.4% or $24.10, and closed at $1,791.8 an ounce.

Silver prices rose on Monday, and scored the largest daily gain in dollars and percentage since February, as the US dollar fell against most of its peers.

Despite some countries containing the Covid-19 pandemic, India is still an exception to this, as it is now facing a sharp spike in the infection rate and deaths, while the health system is being overwhelmed.

The US Federal Reserve decided last week to keep the interest rate between 0.0% and 0.25% unchanged.

The dollar index fell against a basket of currencies by 0.3% to 90.9 points as of 21:29 GMT, after it hit a high of 91.3 points and a low of 90.8 points.

Silver July futures rose 4.2% or 13 $1.09, and closed at $26.96 an ounce.

Most US stock indices closed higher on Monday, amid focus on the release of more corporates earnings.

Apple, Microsoft, Amazon, Tesla and Facebook have reported better-than-expected earnings in the first quarter of 2021.

Dow Jones posted a monthly gain of 2.7% in April, Nasdaq posted 5.4% monthly gain, and S&P 500 scored 5.2%.

The US Federal Reserve decided last week to keep the interest rate between 0.0% and 0.25% unchanged.

The ISM US manufacturing PMI fell to 60.7 points in April from 64.7 points in March, while analysts forecast a rise to 65.

To the oil market, WTI crude June futures rose 1.4% or 91 cents, and closed at $64.49 a barrel, after hitting a day high of $64.6 and a low of $62.9.

Brent June futures rose 1.2% or 80 cents, and closed at $67.56 a barrel, after hitting a high of $67.8 and a low of $66.1.

As for stocks, Dow Jones rose 0.7% or 238 points, and closed at 34,113, with a day high of 34,221, and a low of 33,904.

Nasdaq fell 0.5% or 67 points to 13895, with a high of 14042 and a low of 13881 points.

S&P 500 rose 0.3% or 11 points to 4,192, after hitting a high of 4,209 and a low of 4,188.