Category: Forex News, News
U.S. Dollar Moves Higher Amid Rising Demand For Safe-Haven Assets: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
U.S. Dollar Index gains some ground as traders focus on the Initial Jobless Claims report. The report indicated that 189,000 Americans filed for unemployment benefits in a week, compared to analyst forecast of 196,000.
Traders also reacted to the huge sell-off in U.S. equity markets. Demand for safe-haven assets increased, which was bullish for the American currency.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
Share this article:








