Dollar scores largest daily gain in 2 months

2021-04-30 20:54:44 GMT (Economies.com)
Dollar scores largest daily gain in 2 months

The US dollar rallied against most of its peers on Friday, and scored the largest daily gain in nearly 2 months, after positive earnings reports.

 

Data showed that the Chinese manufacturing PMI fell to 51.1 points last month, lower than forecasts of a rise to 55.9 points, from 51.9 in the previous reading.

 

The US personal income index rose 21.1% in March, while personal spending rose 4.2%.

 

This week, Apple, Microsoft, Amazon, Facebook and Tesla have all reported strong earnings for the first quarter, while Twitter reported disappointing business results.

 

Concerns over the coronavirus crisis are still lingering, especially over the situation in India, which suffers rising infections and deaths.

 

The dollar index rose against a basket of major currencies by 0.7% to 91.2 points as of 19:16 GMT, after hitting a high of 91.3 points and a low of 90.5 points.

 
 
 
  Symbol Last Change Chg.%
1.2089
-0.0084
0.6864%
1.4038
-0.0098
0.6968%
Tadawul
10322.68
86.96
0.85%
26.871
-0.933
3.357%
64.264
-1.128
1.725%
67.82
-1.50
2.16%
1817.420
-26.805
1.454%
 
 
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