Dollar maintains gains during trading

2021-10-25 18:27:02 GMT (Economies.com)
Dollar maintains gains during trading

The US dollar rose against most of its peers on Monday, as investors turned to various assets.

 

The market is awaiting major earning reports in the coming days, especially in the tech sector, led by Apple, Microsoft, Alphabet and Amazon.

 

Concerns over the pandemic are escalating due to the rising number of coronavirus infections in several countries such as Russia and the UK.

 

Federal Reserve members stated that the pandemic caused the retirement of 3 million US citizens.

 

Investors are worried about the return of lockdown restrictions and social distancing, which impact the performance of economies, which is apparent in the Russian government's decision to reimpose lockdown in some areas where the virus has spread.

 

The dollar index rose against a basket of major currencies by 0.2% to 93.8 points as of 17:18 GMT, after hitting a high of 93.9 points and a low of 93.4 points.

 
 
 
  Symbol Last Change Chg.%
1.1292
0.0049
0.4339%
1.3338
-0.0068
0.5042%
Tadawul
11299.45
-68.73
0.60%
23.648
-0.839
3.428%
74.176
-1.674
2.207%
77.55
-4.71
5.73%
1808.835
-9.000
0.495%
 
 
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