Dollar rises as corporate earnings reports pour in

2021-01-22 21:31:32 GMT (Economies.com)
Dollar rises as corporate earnings reports pour in

The US dollar rose against most of its counterparts on Friday, amid anticipation of US President Joe Biden’s new policies and focus on corporate earnings reports.

 

The coronavirus crisis continued to cast its shadow over global markets today, especially as the number of infections and deaths is still increasing.

 

US President Joe Biden said that things will get worse before they get better, after the Covid-19 death toll exceeded 400,000 victims, with more than 4,000 deaths in a single day.

 

The US manufacturing PMI rose to 59.1 points in December, beating forecasts of 56.6 points.

 

The US services PMI rose to 57.5 in December, also higher than forecasts of 53.3.

 

The dollar index rose against a basket of major currencies by 0.1% to 90.2 points as of 18:27 GMT, after hitting a high of 90.3 points and a low of 90.05 points.

 
 
 
  Symbol Last Change Chg.%
1.1911
-0.0143
1.1851%
1.3838
-0.0097
0.6972%
Tadawul
9242.28
-68.88
0.74%
25.247
-1.621
6.035%
66.283
4.812
7.828%
69.56
2.85
4.27%
1700.790
-39.040
2.244%
 
 
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