Dollars sought in the calm before election day

November 03, 2020 at 12:35AM

Dollars sought in the calm before election day

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Author: Reuters | Post link: https://www.investing.com/news/forex-news/dollars-sought-in-the-calm-before-election-day-2339148
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The Japanese Yen (JPY) remains on the back foot against its American counterpart through the Asian session on Friday, though the downside potential seems limited.

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The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, seems vulnerable near its fresh seven-week low of 98.13 posted on Thursday.

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Silver price (XAG/USD) climbs to near $63.75 and is poised to retest its all-time high during the Asian trading hours on Friday. The white metal extends the rally on rising industrial demand, a weaker US Dollar (USD), and the metal's entry into the US critical minerals list.

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November 03, 2020 at 12:35AM

Dollars sought in the calm before election day

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