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DOLLAR SLUMPS, COMMODITY CURRENCIES SURGE

Published On 05 May 2020 10:03 AM


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Highlights:

  • The US dollar index, against the basket of six major currencies, slumped by 0.1% and stood at 99.51.
  • EUR/USD jumps by 0.1% and stood at 1.0909, GBP/USD surge by 0.1%, and stood at 1.2458, and USD/JPY fell by 0.1% and stood at 106.66.
  • The Reserve Bank of Australia has kept the rates on a record low of 0.25 percent as Australia is still battling the coronavirus pandemic.
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    Tags : Dollar, Australia, US, Forex, trade-war,
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