Dollar maintains gains, hits 2-week high

2021-05-05 08:48:06 GMT (Economies.com)
Dollar maintains gains, hits 2-week high

The US dollar rose against most of its peers Tuesday,  amid focus on the corporates earnings results for the first quarter and the latest updates regarding the pandemic.

 

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

 

Markets are still eyeing the latest developments regarding the pandemic, as 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.

 

While countries like the US and several European countries started to ease the lockdown restrictions thanks to their success in containing the outbreak.

 

The dollar index rose against a basket of currencies by 0.4% to 91.2 points as of 17:44 GMT, after it hit an intraday high and the highest level since April 22 at 91.3 points and the low at 90.8 points.

 
 
 
  Symbol Last Change Chg.%
1.2083
-0.0090
0.7356%
1.4038
-0.0098
0.6915%
Tadawul
10322.68
86.96
0.85%
26.931
-0.874
3.142%
64.702
-0.690
1.055%
67.55
-1.77
2.55%
1815.895
-28.330
1.536%
 
 
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