The U.S. dollar fell against its major rivals on Thursday, with politics still a major driver as investors awaited more detail on tax-policy plans from the Trump White House and remained cautious about the prospect of a trade war.
The WSJ Dollar Index BUXX, -0.28% a measure of the U.S. dollar against a basket of major currencies, was down 0.2% at 90.93. The ICE Dollar Index DXY, -0.42% which narrows that basket to six rivals, was down 0.4% at 100.72.
via MarketWatch
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.