Dollar keeps losses after upbeat economic data

2020-08-13 18:25:27 GMT (Economies.com)
Dollar keeps losses after upbeat economic data

The US dollar fell against most of its counterparts on Thursday, keeping its losses after the release of positive economic data.

 

The US Department of Labor revealed today that the unemployment claims fell to 963,000 during the past week, beating forecasts of 1.120 million.

 

The US dollar is still being weighed down as leaders of the Democratic and Republican parties have not agreed on the second relief package to support the coronavirus-ravaged economy..

 

Members of the Federal Reserve warned from surging coronavirus infections and its severe economic impact, and urged for more tight lockdown restrictions and social distancing.

 

The dollar index fell against a basket of currencies by 0.3% to 93.2 points as of 18:02 GMT, after it hit a high of 93.3 and a low of 92.9.

 
 
 
  Symbol Last Change Chg.%
1.1745
0.0074
0.6323%
1.2888
0.0020
0.1550%
Tadawul
8295.05
-23.00
0.28%
23.827
0.471
2.017%
38.571
-1.719
4.267%
40.75
-1.55
3.66%
1906.045
33.350
1.781%
 
 
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