US dollar rise after extension of 'Pause' of US Economy

US dollar rise after extension of 'Pause' of US Economy

The US dollar rose against major currencies after US President Donald Trump extended the closing period of the US economy due to the large increase in cases of coronavirus infection as a benefit of 19 in the United States.

The dollar rose against the euro by more than 1%, to drop the single European currency to $ 1.1026, and the British pound fell by 0.8% against the dollar, recording the sterling $ 1.2384, while the Japanese yen rose against the dollar to 107.81 yen.

The dollar rose 0.4% against the Chinese yuan to 7.1132, while the Australian dollar rose against the US dollar to 0.6149 USD, and the main dollar index, which measures the currency's performance against 6 major currencies, increased by 0.9% to 99.17.