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King Dollar Takes a Step Back

Scandinavian Capital Markets

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The US Dollar Index rallied sharply on Thursday, reaching its highest levels since January of 2017 and heading towards its largest weekly gain since the financial crisis of 2008. The greenback has soared in March due to its safe haven status and the scramble for cash amid the worsening coronavirus pandemic. However, the dollar took a pause on Friday, losing some ground against major rivals in early trading.

Scandinavian Capital Markets Review

Source: https://scandinavianmarkets.com/trading-news/king-dollar-takes-a-step-back/
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