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Forex News: Dollar stable; Investors focus on economic data




Dollar stable; Investors focus on economic data

  • Update Time : Wednesday, July 1, 2020
  • 947 Time View
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Dollar stable; Investors focus on economic data
Dollar stable; Investors focus on economic data

MarketDeal24.Com – The dollar remained stable in European trade on Wednesday. The second phase of corona infection has caused panic everywhere.

At 2:50 a.m. Eastern time, the US dollar index, which sets the value of the dollar against the world’s major currencies, stood at 97.343 without rising or falling.

The EUR/USD pair remained unchanged at 1.1232, the GBP/USD pair fell 0.1% to 1.238, while the USD/JPY fell 0.2% to 107.67.

The United States reported 48,000 corona cases on Tuesday.

“It’s clear the situation is not under our control yet,” said Anthony Fauci, an infectious disease specialist.

Retail sales in Germany stood at 13.9% in May, up from 6.5% in April, while China’s manufacturing sector also showed new hope.

Oil price rises as U.S. oil reserve declined

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