Dollar edges up amid focus on Q2 earning reports

Economies.com
2021-07-23 19:33PM UTC

The US dollar rose against most major currencies on Friday, as investors focused on major US companies earnings results for the second quarter.

 

The latest US companies that reported their quarterly were Twitter and Intel Corp.

 

Efforts to contain the coronavirus pandemic are continuing around the world, especially after the emergence of the new highly spreading Delta variant.

 

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.

 

The dollar index rose against a basket of major currencies by 0.1% to 92.9 points as of 19:22 GMT, after hitting a high of 93.02 points and a low of 92.7 points.

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