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As on Sep 29, 2020 12:00 AM Your results on : Currency News    
Currency Buzz: Dollar Index Slips Near 94 Mark
29-Sep-2020 (14:37)
The US dollar index stayed slippery today as rising global risk appetite capped the upside in the currency. The US dollar index came off a two month high in last week and fell near 94 mark today. The index currently trades at 94.13, down 0.18% on the day. Traders are focussing on the progress in the US fiscal stimulus package and there is some cautiousness in the market ahead of the critical US nonfarm payrolls data to be released on this Friday. Major losses could be averted in the US dollar though as the European Central Bank (ECB) President Christine Lagarde noted yesterday that ECB ready to deploy more monetary stimulus to aid the recovery if needed as the pandemic damps prospects for the economy.

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