US Dollar Rises to its highest level in 2020

The US dollar rose to its highest level in 2020 today after data released last week confirmed that the US economy is still in good shape while the Chinese yuan has hit a new high in six months.

And the British pound fell today to its lowest level at 1.2962 dollars after the comments of the British Finance Minister Sajid Javed as the British pound fell against the euro to 85.27 pence euros, while the dollar recorded against the Japanese yen 110.16 Japanese yen.

The US dollar rose today against major currencies as the main dollar index, which measures the currency's performance against 6 major currencies, rose to 97.727, the euro fell against the dollar 0.1% to $ 1.1083, while the Chinese yuan rose to 6.8458, the highest level in six months.