Breaking News

Demand remains stable for the US dollar – 26-06-2020

News Date: 26/6/2020 06:34:32

The US dollar concluded its research for the week, sticking to its gains, which means that the demand remains on the latter, and this is due to it being a safe haven in light of fears and concerns about a second wave of the Corona virus.

The dollar index, which tracks the performance of the greenback versus a basket of six major currencies, stabilized at 97.360, after recovering from a large loss it had suffered this week.


The US dollar index settled against the euro at 1,1223 dollars, with the euro falling, and against the Japanese yen it settled at 107.09 Japanese yen, after forming 0.5%. The American pair fell against the British pound by 0.0096%, to settle at 1.22422 dollars, and against the Australian dollar at 0.6442 dollars, with a change of -0.003.


US stock indexes closed higher, the Dow Jones Industrial Average rose 1.17% to 25,744.71 points, while the Standard & Poor’s index scored 3083.67 points, after rising by 1.09%, and the Nasdaq indexes equivalent to 1, 90% to 10017 points.

Japanese stock indices also recovered, as the Nikkei rose 1.1% to 22512.08 points, while the Topix index rose to 1577.37 points.


Oil prices rose yesterday by 2%, supported by the US economy data, Brent crude increased by 1.8% to settle at 41.05 dollars a barrel, while the American crude closed West Texas crude, up by 1.9%, thanks to its price up to 38.72 Dollars.

Latest news

Advertising sources reported that the number of confirmed cases of Covid virus 19 reached 12 million and 800 thousand cases, as the largest number of infections was recorded with a total of 839,850 c
07-2020 13 03:43:07

On Friday, oil prices continued to harvest more losses, retreating to the lowest levels, with the high rate of coronavirus infections in the United States of America, and due to fears of isolation an
07-2020 10 06:16:09

Oil prices fell today, Wednesday, after the increase in crude inventories, which increases the fears of supply. Therefore, it is expected that US crude production will decline by 600 thousand barrels
07-2020 08 08:20:53

Corona virus infection in the United States of America reached its maximum, reaching two million, 840 thousand and 906 cases, according to the Centers for Disease Control yesterday, after it recorded
07-2020 06 00:36:17

After the long collapse, the American labor market is achieving some relative recovery, as the number of added jobs yesterday reached 4,800 million jobs, which exceeded all expectations, and came as
07-2020 03 00:34:55

More News