The dollar traded lower against all the other G10 currencies as market sentiment improved again, with US and Asian indices trading in the green. It seems that those who believe in a faster-than-previously-though economic recovery still hold the upper hand. Gold also continued its journey north, surpassing the 1800 mark for the first time since November 2011.
EQUITIES REBOUND, USD SLIDES DESPITE ACCELERATING VIRUS CASES
The US dollar traded lower against all the other G10 currencies on Wednesday and during the Asian morning Thursday. It lost the most ground against NOK, SEK, EUR, CAD, and AUD in that order, while it underperformed the least versus JPY.
USD performance G10 currencies
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